The golden ratio emerges from the Fibonacci sequence, where each number (with the exception of the first two) is the sum of the two preceding ones (1, 1, 2, 3, 5, 8, 13...). Finan ...

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 ...

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 ...

Gold continues to press up into a resistance zone that has stalled the ascent since Monday. Support for the sharp rally is around the 8-Day MA at 2,322. It remains the most sensitive level to watch ...

Bitcoin traded near a critical resistance zone as chart data showed tightening structures across lower and higher timeframes, with price reactions aligning clos ...

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 ...

Understanding the concepts of support and resistance is crucial for analyzing forex market behavior and making informed trading decisions. These two fundamental terms refer to specific price levels on ...

Silver pulled back to test support at the 61.8% Fibonacci retracement on Monday with the day’s low of 22.45. The 61.8% price level is 22.53. At the time of this writing, silver continues to trade near ...

It was a very disappointing week for bitcoin price action last week. Monday saw a nice move up into resistance, but that momentum quickly faded as bitcoin retraced the bullish move to end up right ...

Discussing fibonacci price levels and the failure of crude at $63. Crude Oil recently rallied up to the $63 level and failed. This level is a key Fibonacci price level based on our proprietary ...