Cryptocurrency exchange

This helps traders avoid entering prematurely and confirms the strength of the retracement level. The most common Fibonacci retracement levels used by traders are 38.2%, 50%, and 61.8%. Each of these retracement levels offers insights into where support or resistance might emerge, making them essential for traders who rely on technical analysis. The Fibonacci retracement […]

You can expect the price to retrace at this price point and then resume its upward trajectory towards $30. Apply Fibonacci retracement on multiple time frames for a better perspective. Use more extended time frames (e.g., daily or weekly) to identify major Fibonacci levels and shorter time frames (e.g., hourly or 15-minute) for more detailed

For example, fundamental analysis signals might be based on news stories, such as if regulatory changes will likely clear the way for expanded crypto usage, which could drive prices higher. Similarly, news-related fundamentals like partnerships between a coin and an exchange could also affect where the coin’s price might head, such as if that exchange