Katie Kerpel / Investopedia Fibonacci retracement levels are used by traders to help them find key price levels and zones where a security might stall, reverse, or continue moving within a trend.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

If the price holds above the ascending trendline, the next resistance target would be around 0.00006450, while support lies ...

Since then, DOGE has been consolidating within a downward channel, with the 0.382 Fibonacci retracement level ($0.32) acting as resistance.. The RSI, approaching oversold levels, indicates reduced ...

RSI deeply oversold, signaling potential reversal. Key Fibonacci retracement levels to determine the next trend. Bitcoin (BTC) has experienced a significant corrective decline, breaking key ...

As analysts eye key Fibonacci levels, the market awaits signals of a potential breakout or further decline, setting the stage for the next significant move. The BONK daily chart shows a breakout ...

On the downside, the major support is a retracement zone at 109.569 to 109.076. The upper level of this retracement zone stopped the selling at 109.535 on July 8. A sustained move under 110.133 ...

Bullish view <li /> Buy the EUR/USD pair and set a take-profit at 1.100. <li /> Add a stop-loss at 1.0600. <li /> Timeline: 1-2 days. Bear ...

Payments-focused cryptocurrency XRP is down but not out, whereas the outlook for dogecoin (DOGE) appears grim, based on an analysis of Fibonacci retracement levels. XRP reached a peak of $3.40 in ...