Sentences with phrase «retracement area»

The recent bullish momentum has seen bitcoin break above the 23.6 % retracement area of the crash when measuring from the all - time high area of $ 19,000 — $ 20,000.

Range break down, corrective move to 50 % retracement area and to channel support which now is acting as resistance.

The strong rally in the March e-Mini S&P 500 has put this market in a position to test a key retracement area at 1094.50 to 1107.00.

When measuring from 2018's high of 0.25 BTC, BCH is currently consolidating at the 23.6 % retracement area.

As of this writing, XRP is consolidating just below the 0.236 % retracement area of 0.0001, when measuring from Ripple's early 2018 record highs.

As of this writing, ETH is testing the 0.236 % retracement area of approximately 0.069 BTC and boasts a market capitalization of $ 59 billion.

With so many altcoin markets breaking above descending triangles and rallying to test the 0.236 % fibonacci retracement areas, many analysts are waiting for the markets to pull back and produce a higher low on larger time frame charts before proclaiming that the first altcoin season of 2018 is indeed kicking off.

Many markets are now testing their respective 0.236 % retracement areas when measuring from 2018's highs.

Bitcoin Cash has continued to hold correlation with BTC, producing a recent bounce that tested between the 0.5 and the 0.618 retracement areas when measuring from the recent high of nearly $ 4,100 to the local low of roughly $ 1,600 on Bitfinex.

Not exact matches

The S&P 500 Index ended the week at a key potential support area defined by the confluence of the brown 200 - day moving average (MA) and the 78.6 % Fibonacci retracement line.

Drawing a fibonacci retracement from the highs in 2008 to the lows in 2009, he starts to outline a clear area to watch out for.

The Dow Jones recently traded around 11,254, right at the 61.8 % retracement level, an area Adam feels the market is bound to find as resistance.

As the coin is still deeply in overbought territory, more correction should follow in the coming weeks, with targets at $ 60, $ 56, and $ 51, with the $ 56 line being the most likely candidate, as the 61.8 % Fibonacci retracement is also near the area.

The area between them is the retracement zone.

(Previous congestion area and 50 % retracement level of the earlier bullish swing.)

I am looking for a possible retracement back to the area to initiate a trade.

Remember that forex traders view the Fibonacci retracement levels as potential support and resistance areas.

The same resistance area is positioned around the 38.2 % Fib retracement level of the last decline from the $ 990 swing high to $ 867 low.