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 second is Fibonacci retracements. Gold has held the 38.2% Fibonacci retracement on each setback so far on this massive ...
Natural gas extended its bearish correction with a decisive breakdown, keeping sellers firmly in control as price accelerates toward the 200-day average and deeper Fibonacci support levels.
Descending wedge formation, signaling a potential bullish reversal. Major Fibonacci retracement support holding at $18.00. RSI divergence suggests a shift in momentum. Chainlink (LINK) has been ...
Silver continues to consolidate in a relatively tight range around a key support zone that includes the 38.6% Fibonacci retracement zone along with the long-term downtrend line. More specifically, it ...
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.
Corrective phase completion near key Fibonacci retracement support. Descending trendline resistance remains a crucial barrier for bullish continuation. Potential impulsive wave formation targeting ...
The weekly XRP/USD chart shows a long-term structure that mirrors the 2017 market cycle as XRP trades within a broad uptrend.
Last Friday silver retraced to a low of 29.12 to reach an extended downside target of 29.15 from a declining ABCD pattern. During Friday’s decline the prior ...
Support and Resistance are technical terms used to identify prices at which a security might be likely to attract additional buyers or sellers. Learn how investors can use the concept of support and ...