Using Fibonacci in a Downtrend In a downtrend, Fibonacci retracement levels serve as resistance points where traders expect the price to pause or reverse.

The Fibonacci extension is a mathematical-based technical analysis tool used to project price targets. The Fibonacci method is my preferred tool to use for offensive selling for two reasons: 1.

Applying the same Fibonacci framework to MSTR shows a potential resistance around $543, also the current all-time high, and upcoming targets of ~$800 and ~$1,300. Figure 4: Using Fibonacci extensions ...

In this article, we have presented a novel and unified numerical strategy for addressing the Benjamin-Bona-Mahony (BBM) type partial differential equations with the use of the Fibonacci wavelets and ...

Crypto analyst who correctly foresaw the Bitcoin crash in May 2021, now foresees a significant downward correction for the cryptocurrency in the upcoming weeks.