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.
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 ...
Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...
Stephens, co-leader of the Trading Room advisory service who uses Fibonacci strategies, told attendees at the recent Las Vegas MoneyShow that they should create a ...
DOGE remains in a Wave 4 corrective phase within an Elliott Wave structure. Bearish RSI divergence hints at a weakening bullish trend. A breakout above the trendline could confirm the start of Wave 5.
A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
Shain Vernier has been trading since 2010 by charting price volatility. He uses one key tool that enables him to trade on momentum. Vernier doesn't try to predict the top or bottom of price swings.
For active investors, the challenge is not typically finding a good stock or an entry point; it’s knowing where to get out. When a stock surges past its previous high, you enter what technical ...
As market turbulence sweeps across sectors, Apple Inc. (NYSE:AAPL) is not immune. The tech giant’s stock has encountered double-digit declines in August, resulting in a staggering loss of around $400 ...
XRP traded near $2.34 on the weekly chart as buyers defended a key retracement zone. The structure shows higher lows after a corrective phase that followed the ...