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.
Every time Bitcoin slipped under $100,000 last week, buyers flooded in—now the weekly 55 EMA at $99,000 is the line in the sand for the next move.
When trading, the numbers on a chart tell a story. It is a story of rhythm, of ebb and flow, of expansion and contraction. This narrative can sometimes be interpreted through a mathematical sequence ...
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 ...
The benchmark index has flirted with - but has so far failed to close above - a key Fibonacci retracement target. Until it does, the downtrend is still alive. Is the S&P 500 index's recent rally real, ...
Live Cattle Top? The chart is key to this analysis. If Friday's move down is the end of the Bull market for now, it will start to take out key Fibonacci retracements below. You ca ...
Bitcoin further consolidates below resistance of the orange 50-Day MA. Also, nearby resistance is represented by the blue 8-Day MA, now at 64,845. The 8-Day line gave a bearish signal on Tuesday as it ...
Bitcoin's key $106,900 support bounced bulls once, but with bearish daily charts and Nasdaq drags, a plunge to $96,000 feels ...
The S&P 500 just needs a little push to pull off a major technical comeback. Using closing prices, the S&P 500 fell 1,161.38 points, from its Feb. 19 record close of $6,144.15 to its April 8, one-year ...
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 ...