Bitcoin is trading near $95.5K, retreating from levels near $98K, where the 61.8% Fibonacci retracement level also passes.
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.
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 ...
XRP enters oversold territory after panic selling, raising chances of a short-term recovery and reduced downside pressure.
Every trader should be aware of the impact Fibonacci levels and round-number percentage returns can have on stocks Whether you're trading stocks or options, you probably include technical analysis ...