Fibonacci Circles is another indicator based on the Fibonacci Sequence used in technical analysis. It is created by drawing a trend line between two extreme points. Fibonacci Circles can indicate support and resistance levels. Usually when the price remains above the higher circle, and if the higher circle is then penetrated, prices generally fall to the lower circle, which in many cases, becomes the support level. If prices break below the higher circle, fall to the lower circle, and then begin to rise, the lower circle becomes the support level. Also this works vice versa for resistance but in the opposite direction. Discord Server https://discord.gg/qzxGfbvAZP My Top Exchanges 🔵 Bitget* https://bit.ly/2ZQHm6k Here Are Some Awesome Crypto Channels Worth Checking Out https://www.youtube.com/watch?v=FcxNGoRXA1I Benjamin https://www.youtube.com/watch?v=3UDleJMA88I Invest Answers https://www.youtube.com/c/DigitalAssetNewsDAN Digital Asset News https://www.youtube.com/c/AltcoinDaily Altcoin Daily 00:00 – Intro 00:14 – Why Use Fibonacci Circles? 00:41 – Fib Circle Technique 1 05:03– Fib Circle Technique 2 07:05 – Fib Circle Technique 3 Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

In this video we will cover what is a Golden Cross, how to trade while using them and finally how to find them easily so you can see if they are worth your time. Golden Crosses are amazing and I believe everyone should know how to use them to increase your profits. Discord Links https://discord.gg/QKxBQYB2xr Top Exchanges (Affiliate Links Support Channel) 🔵 Bitget* https://bit.ly/2ZQHm6k 🟡 Phemex* https://bit.ly/300Pfqg Long Term Holders (This Is The Best Way To Make Money) 🟡 Bitcoin IRA https://bit.ly/3krM1TH Apps For Trading Stocks And Options 🔵 Robinhood* https://bit.ly/3mLs37V 🟡 WeBull* https://bit.ly/3mNG7Ow 🔵Voyager* https://bit.ly/2YlvQQ6 🟡Coinbase* https://bit.ly/3k9Uivv 🔵Kracken* https://bit.ly/2Ygrnhq Option Flow And Charting Upgrades 🔵Finviz* https://bit.ly/3bGdnkj 🟡Tradingview* https://bit.ly/3bHGxiP 🔵Tradytics* https://bit.ly/3ENMOpF There are three stages to a golden cross. The first stage requires that a downtrend eventually bottoms out as selling is depleted. In the second stage, the shorter moving average forms a crossover up through the larger moving average to trigger a breakout and confirmation of trend reversal. The last stage is the continuing uptrend for the follow through to higher prices. The moving averages act as support levels on pullbacks until they crossover back down at which point a death cross may form. The death cross is the opposite of the golden cross as the shorter moving average forms a crossover down through the longer moving average. The most commonly used moving averages are the 50-period and the 200-period moving average. The period represents a specific time increment. Generally, larger time periods tend to form stronger lasting breakouts. For example, the daily 50-day moving average crossover up through the 200-day moving average on an index like the S&P 500 is one of the most popular bullish market signals. With a bellwether index, the motto "A rising tide lifts all boats" applies when a golden cross forms as the buying resonates throughout the index components and sectors. Day traders commonly use smaller time periods like the 5-period and 15-period moving averages to trade intra-day golden cross breakouts. The time interval of the charts can also be adjusted from 1 minute to weeks or months. Just as larger periods make for stronger signals, the same applies to chart time periods as well. The larger the chart time frame, the stronger and lasting the golden cross breakout tends to be. Example of a Golden Cross As a hypothetical example, a monthly 50-period and 200-period moving average golden cross are significantly stronger and longer-lasting than the same 50, 200-period moving average crossover on a 15-minute chart. Golden cross breakout signals can be utilized with various momentum oscillators like stochastic, moving average convergence divergence (MACD), and relative strength index (RSI) to track when the uptrend is overbought and oversold. This helps to spot ideal entries and exits. The Difference Between a Golden Cross and a Death Cross A golden cross and a death cross are exact opposites. A golden cross indicates a long-term bull market going forward, while a death cross signals a long-term bear market. Both refer to the solid confirmation of a long-term trend by the occurrence of a short-term moving average crossing over a major long-term moving average. The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside and is interpreted by analysts and traders as signaling a definitive upward turn in a market. Conversely, a similar downside moving average crossover constitutes the death cross and is understood to signal a decisive downturn in a market. Either crossover is considered more significant when accompanied by high trading volume. Once the crossover occurs, the long-term moving average is considered a major support level (in the case of the golden cross) or resistance level (in the instance of the death cross) for the market from that point forward. Either cross may occur as a signal of a trend change, but they more frequently occur as a strong confirmation of a change in trend that has already taken place. Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful!

How to Use Finviz a Free Stock Screener 2022 Tutorial Finviz is a FREE stock screener and trading tool for creating financial visualizations. It is one of 10 stock research sites used by professional traders to save time. It allows traders and investors to efficiently find the stocks they are looking for. Finviz also includes a few more tools for stock traders to get an overview of what is happening in the stock market. Finviz Link: https://finviz.com/?a=172655244 Get up to 2 Free Stocks (valued up to $1400) on WeBull: https://act.webull.com/ve/qHqDPfbxBhod/92b/inviteUs/ ***Get FREE STOCK*** Robinhood 👉🏾 https://join.robinhood.com/michaew6465 // B E S T-S E L L I N G B O O K S Stock Investing For Dummies: https://amzn.to/3tuXll0 Stock Charts For Dummies: https://amzn.to/3ti4bKl // S U B S C R I B E. New Videos Every Day #dowjones Share with friends, ask questions @michaelofseattle, on Twitter, Instagram, Youtube. Legal Disclosure: I’m not a financial advisor. The information contained in this video is for entertainment purposes only. Before investing, please consult a licensed professional. Any stock purchases I show on video should not be considered “investment recommendations”. I shall not be held liable for any losses you may incur for investing and trading in the stock market in attempt to mirror what I do. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. Please be careful! #finance #education #stocks