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 ...
Read this article on the Moneyball Economics website by clicking here. Stock prices ebb-and-flow according to various factors, not all of which are financial. There's the human factors—success ...
The Fibonacci Retracement indicator suggests that $5,300 is the main short-term trend level for Bitcoin. Given the tendency of BTC to retest key Fibonacci levels, it may indicate that the dominant ...
The Fibonacci sequence is a mathematical concept that has been around for centuries. Named after Italian mathematician Leonardo of Pisa, also known as Fibonacci, the sequence is derived by adding the ...
UTX is trading at a level of interest. The 50% Fibonacci Retracement level of the downside move starting at 7/7/11 and ending at 8/9/11 is in play. The price level we are talking about is 79.75.