Primary Chart: MATIC Price Chart Showing Overhead Supply Zones and Fibonacci Retracements
MATIC Network Shows Strength in Recent Months Despite Being in a Bear Market
As shown in the Primary Chart above, MATIC network's price continues to trade well below all-time highs of $2.92 / USD. No argument can be made that it has overcome its bear market just yet....
Today saw volatile, whipsawing price action in both cryptos and equity indices. BTC was no exception. As discussed in an article on September 19, 2022 at the start of this week (see link in the Primary Chart above), the US Federal Reserve Open Market Committee (FOMC) has held their September 2022 meeting on Tuesday and Wednesday this week. This meeting concluded...
Primary Chart: ETH's Key Support Levels Approaching Based on Fibonacci and a Measured Move
ETH's Recent Rally since June 2022
ETH made its YTD low on June 18, 2022, a day or two after many equity indices. Since then it has rallied, albeit not in a straight line, significantly. The rally has carried ETH approximately 1149 points higher so far, which is...
Primary Chart: SPX Head and Shoulders Pattern with Neckline Resistance and Fibonacci Supports
SPX formed a Head and Shoulders pattern (H&S) on the daily and intraday charts over the past month. A H&S pattern is actually invalid until it's confirmed with a breakout below the neckline, drawn in dark blue on the primary chart above. In addition, because many...
Primary Chart: NDX's Critical Support Levels Include a Two-Month Upward Trendline, Fibonacci Levels, and a Key Price Zone (Teal Box)
The Nasdaq NASDAQ:NDX approaches critical support this week as indices give back gains from the recent rally. The most immediate support has already been reached—see the teal-blue rectangle showing a major zone of price support...
