The cryptocurrency market is known for its volatility and rapid price movements. For traders looking to navigate the unpredictability of digital currencies, technical analysis tools are indispensable.
What is a Fibonacci retracement and why is it a popular choice when using technical analysis? Find out how to use Fibonacci retracements to trade with us. Fibonacci retracement denotes a type of ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
The Fibonacci sequence is more than a historical curiosity. It is a practical method of technical analysis used to highlight potential areas that traders monitor for support and resistance.
The Fibonacci tool is a widely used technical analysis instrument that helps traders predict potential price movements in various financial markets, including binaries. Traders may determine important ...
The Fibonacci Retracement indicator suggests that $5,300 is the main short-term trend level for Bitcoin. Given the tendency of BTC to retest key Fibonacci levels, it may indicate that the dominant ...
As a day trader, my charts are my lifeblood. I truly believe that a trader is only as good as his or her charts, and without mine, I’m simply not making money. But what makes a good chart from a bad ...
With advancements in technology, technical trading has become more popular. Many brokerages now offer charting with built-in technical indicators. There are free sites out there as well. Not all ...