Tag: Fibonacci
Does the 61.8% Fibonacci retracement signal a bullish move?
Bitcoin, the world’s leading cryptocurrency, recently passed a major milestone in its price trajectory in successfully reaching the 61.8% Fibonacci retracement level. This retracement pattern, based on mathematical ratios derived…
a rebound from a 38.2% Fibonacci retracement?
Bitcoin and Ethereum, the two largest cryptocurrencies by market cap, have experienced a major bearish correction on Friday morning, with Bitcoin retracing the 38.2% Fibonacci level of its recent gains.…
Bitcoin and Ethereum prices find support at 38.2% Fibonacci level while Litecoin surges 23%
On the morning of November 25, Bitcoin, in down more than 1% to $16,428 comes to find its Fibonacci retracement level of 38.2%. Similarly, Ethereum, is currently trading lower towards…
Antoine Quesada: “CAC 40: Fibonacci on the move”
In this bearish movement, it may be wise to look at the levels determined by the Fibonacci retracements. The next supports are calculated at 5,642 points and 5,416 points. In…