The 38.2% retracement is the single most important and is the level we use for the "Golden Rule". This rule being, " any market that is going to keep its current trend must hold 38.2%". As long as it ...

Filecoin (FIL) is showing signs of renewed strength after a recent pullback in its price. The token is currently trading around $1.02, bouncing off key support levels that have historically attracted ...

After the 2011 top, there were three corrections to the 61.8% retracement. What we now see is the third move of this kind. Gold is re-testing its 61.8% Fibonacci retracement once again instead of ...

The past week’s price action has been rather lackluster for Bitcoin. After seeing a big bounce from $60,000, the price failed to get above short-term resistance at $71,800 last week. Instead, the ...

While the bears dominated price action early last week, the bulls managed to show strong support below $100,000. Bitcoin price dropped briefly below $100,000 on Tuesday, Wednesday, and Friday, but ...

Is the S&P 500 index’s recent rally real, or is it just a bear-market bounce? That’s always a question investors have when the market is rising after a significant selloff. Given all the uncertainty ...

Combining moving averages with Fibonacci retracements offers traders a unique edge, fusing trend-following with precise support and resistance points. This approach creates reliable “convergence zones ...

Traders have widely used various swing trading strategies in the stock and commodities market for decades. Swing trading has also become popular among forex traders because of its more relaxed pace ...