Crypto analyst who correctly foresaw the Bitcoin crash in May 2021, now foresees a significant downward correction for the cryptocurrency in the upcoming weeks.
And this is apparent on any time-frame. The 'missing' Fibonacci level and how to use it On my trading platform, I have the standard Fibonacci levels of 23.6%, 61.8%, and 50%. But there is one ...
The retracement-levels sequence is derived by dividing numbers in the original sequence by the numbers above them. For example, taking the Fibonacci number 89 and dividing it by itself equals 1 ...
The pullback comes as the metal tests key resistance inside the Fibonacci retracement zone between ... The first major support level to watch is $31.81, the 50% retracement of the latest rally.
Fibonacci retracement levels are considered as hidden support and resistance levels. Quite often they coincide with obvious support and resistance levels, like in the forex graph in question.
This is a normal reaction after a 'surprise' spike move. I placed my Fibonacci levels on that bounce and the market was then testing the Fibonacci 62% level. If I had my Elliott wave labels ...
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Fibonacci and the Golden RatioLevels are calculated using the high ... It's ironic that he's best known today for the Fibonacci sequence—a supposed hidden feature of nature—when his most significant contribution was ...
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Hosted on MSNSolana (SOL) Price Recovers 8% But Struggles to Turn BullishDescending triangle breakout forming Fibonacci resistance at $246.54 (0.382 level) Bullish RSI divergence supports a reversal ...
With markets bracing for announcements from the Federal Reserve, along with key U.S. GDP and PCE inflation data, sentiment ...
The Golden Ratio Multiplier, a Bitcoin-specific indicator created by Philip Swift, highlights $100,000 as a critical resistance level. This analysis explores how Fibonacci multiples of the 350-day ...
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