Fibonacci ratios are widely used to develop price targets for retracements on countertrend moves. A Fibonacci retracement will help spot support levels in an uptrend or resistance in a downtrend.
Want to know where and how to find and draw support and resistance levels for any asset? It is explained here. Want to know where and how to find and draw support and resistance levels for any asset?
What is a Fibonacci retracement and why is it a popular choice when using technical analysis? Find out how to use Fibonacci retracements to trade with us. Fibonacci retracement denotes a type of ...
XRP is back above $3, and one analyst’s Fibonacci extension chart suggests targets as high as $26.63, a 773% rally. Here’s why bulls are excited, Ripple’s global expansion, and why some say the ...
XRP has staged a powerful comeback above $3, but a crypto analyst says the technicals now point to a breakout that could deliver returns few would have imagined. Technical analyst Matt Hughes shared a ...
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