Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). There is more to the world of Fibonacci than the more familiar retracements, ...

Fibonacci retracement. Sounds sophisticated? But what does it do? And does it work? Luckily for traders, Fibonacci retracements are far more than just a nifty word. In fact, it's the name of a tool ...

Having talked with hundreds of clients and having been a part of the investing world and financial services for the better portion of two decades, I have discovered that most amateur investors focus ...

BONK broke out of a descending wedge, reaching $0.00005906. The price retraced, consolidating within a descending channel. A breakout above $0.00003823 (0.5 Fibonacci retracement) could confirm ...

That level represents the 1.618% Fibonacci extension, originating from the December 2018 lows, the December 2022 lows, and the 2021 high. The 1.618% extension is highly important because it's derived ...

Bitcoin (BTC) bulls mounted a fresh challenge to a crucial resistance level as traders looked forward to U.S. inflation data. The top cryptocurrency rose to $122,056, testing the 1.618% Fibonacci ...