Asset Radars Docs
v1.0

Documentation

Asset Radars Documentation

Comprehensive guide to using our advanced cryptocurrency analysis platform. Get market insights on 285+ Coinbase trading pairs.

Live Data
50+ Indicators
AI-Powered

Getting Started

Platform Overview

Asset Radars is a comprehensive cryptocurrency analysis platform that provides technical analysis for Coinbase trading pairs. Our platform combines traditional technical indicators with AI-powered insights to help you make informed trading decisions.

Total Market View

Market data regular updates

Technical Analysis

50+ professional indicators

AI Insights

Smart market analysis

Quick Start Guide

1

Choose Your View

Start with Market Overview for a broad market perspective, or jump into the Scanner for detailed analysis.

2

Filter & Sort

Use filters to find assets matching your criteria. Sort by price change, volume, RSI, or composite scores.

3

Analyze Indicators

Click on any asset to view detailed technical indicators, MACD analysis, and moving averages.

4

Make Informed Decisions

Use the composite scores and trend analysis to identify potential trading opportunities.

5

Stay Updated with AI Summaries

Read AI-generated market news and insights to stay informed about the latest trends.

Common Questions

How often is the data updated?

Market data is regularly updated based on exchange API throughput and market conditions.

Which exchanges do you support?

Currently, we focus exclusively on Coinbase Pro trading pairs, covering 285+ cryptocurrency pairs.

How are composite scores calculated?

Composite scores combine multiple technical indicators with weighted algorithms to provide potential trend direction but not guaranteed it.

Is there a mobile app?

Our platform is fully responsive and optimized for mobile browsers. A native app is planned for future release.

How can I report a bug or issue?

If you encounter any issues, please contact our support team via the Contact Support section below or join our Discord community for assistance.

Risk Disclaimer

Important information you must understand before using technical indicators for trading decisions.

High Risk Investment Warning

Cryptocurrency trading involves substantial risk of loss and is not suitable for all investors. The value of cryptocurrencies can be extremely volatile and may result in significant financial loss. You should never invest more than you can afford to lose.

Technical Analysis Limitations

Not Predictive

Technical indicators analyze past price data and cannot predict future market movements with certainty.

Lagging Indicators

Most indicators are based on historical data and may not capture rapid market changes or sudden reversals.

False Signals

Technical indicators can generate false signals, leading to potential losses if relied upon exclusively.

Market Risk Factors

Extreme Volatility

Cryptocurrency markets can experience rapid price swings of 10-50% or more in a single day.

Market Manipulation

Crypto markets may be subject to manipulation by large holders or coordinated trading groups.

Regulatory Risk

Government regulations or policy changes can significantly impact cryptocurrency prices and availability.

Critical Trading Guidelines

  • Never use indicators in isolation - Always combine multiple analysis methods
  • Implement strict risk management - Use stop-losses and position sizing
  • Consider fundamental analysis - Technical analysis should complement, not replace fundamental research
  • Stay informed about market context - News and events can override technical signals
  • Practice with paper trading first - Test strategies before risking real capital
  • Continuously educate yourself - Markets evolve and strategies must adapt

Legal Disclaimers

Not Financial Advice

The information provided by Asset Radars is for educational and informational purposes only. It does not constitute financial, investment, or trading advice. Always consult with qualified financial professionals before making investment decisions.

No Performance Guarantee

Past performance of technical indicators or trading strategies does not guarantee future results. Market conditions change, and what worked in the past may not work in the future.

Platform Limitations

Asset Radars provides analysis tools and data but cannot guarantee accuracy, completeness, or timeliness of information. Users are responsible for verifying all data independently.

User Responsibility

By using this platform, you acknowledge that you are solely responsible for your trading decisions and any resulting gains or losses. Asset Radars is not liable for any trading losses.

Remember: The cryptocurrency market is highly speculative and unregulated. Only invest what you can afford to lose completely, and always do your own research before making any trading decisions.

Troubleshooting

Having issues with the platform? Here are some common solutions and steps to resolve problems.

  • • Clear your browser cache and cookies
  • • Check your internet connection
  • • Disable browser extensions that might interfere
  • • Try using an incognito/private browsing window

Contact Support

Need More Help?

Can't find what you're looking for? Our support team is here to help.

Platform Features

Back to Docs
Platform Features
5 Features

Platform Features

Comprehensive guide to all Asset Radars platform features. Learn how to leverage each tool for maximum trading insights and market analysis.

Constant Updates
Historical Data
AI-Powered

Market Overview

Live

Market statistics, top gainers/losers, and comprehensive market sentiment analysis.

Key Capabilities

  • Live market statistics with constant updates
  • Top gainers and losers identification
  • Market sentiment analysis across all pairs
  • Distribution charts for RSI and price changes
  • Total market volume and pair counts
  • Technical signal summaries (overbought/oversold counts)

How to Use

  1. 1
    Access via the Market tab or homepage
  2. 2
    Monitor the stats cards for quick market overview
  3. 3
    Check top gainers/losers for trending assets
  4. 4
    Use distribution charts to understand market conditions
  5. 5
    Review technical signals for market sentiment

Analytics Dashboard

Advanced market analysis dashboard with consolidated data cards and insights.

Key Capabilities

  • Top gainers and losers tracking with percentage changes
  • Volume analysis with high volume movers identification
  • Volatility analysis with trending volatility pairs
  • Fibonacci retracement and extension level analysis
  • Ichimoku cloud signals for trend identification
  • Moving average crossover detection (Golden/Death Cross)
  • Bullish and bearish composite scoring systems
  • Long and short opportunity identification
  • Pumping and dumping pair detection
  • Oversold and overbought pair monitoring
  • Support and resistance break notifications
  • Recently added pairs tracking

How to Use

  1. 1
    Navigate to Dashboard tab for market overview
  2. 2
    Review top gainers/losers for trending opportunities
  3. 3
    Monitor volume analysis for unusual trading activity
  4. 4
    Check volatility analysis for risk assessment
  5. 5
    Use Fibonacci levels for entry/exit planning
  6. 6
    Watch Ichimoku signals for trend confirmation
  7. 7
    Track support/resistance breaks for trading signals
  8. 8
    Monitor overbought/oversold conditions for reversals

Asset Scanner

285+

Advanced table view with sortable indicators, powerful filters, and detailed asset analysis.

Key Capabilities

  • Comprehensive data table with 50+ indicators
  • Advanced sorting by columns
  • Multi-criteria filtering system
  • Real-time search across all data
  • Pagination with customizable page sizes
  • Customizable column visibility
  • Detailed asset drill-down views

How to Use

  1. 1
    Access via Scanner tab
  2. 2
    Use column headers to sort data
  3. 3
    Apply filters using the filter dropdown
  4. 4
    Search for specific assets in the search bar
  5. 5
    Click on any row for detailed analysis

Market News

AI

AI-curated cryptocurrency news and market updates with sentiment analysis.

Key Capabilities

  • AI-powered news curation
  • Sentiment analysis for each news item
  • Regular news feed updates
  • Source credibility scoring
  • Market impact analysis
  • Full source links for detailed reading
  • Trending news tracking

How to Use

  1. 1
    Visit the News tab for latest updates
  2. 2
    Review sentiment indicators for market impact
  3. 3
    Read full articles via provided links
  4. 4
    Monitor news for market-moving events
  5. 5
    Stay updated with events

Detailed Analysis View

Comprehensive technical analysis modal with deep-dive analytics for individual cryptocurrency pairs.

Key Capabilities

  • Price Analytics Dashboard with momentum analysis
  • MACD analysis with trend identification and signal interpretation
  • Price movement tracking with ATR and volatility metrics
  • Moving averages analysis with crossover detection (SMA/EMA 7, 30, 50, 200)
  • RSI analysis with overbought/oversold conditions and divergence detection
  • Stochastic oscillators with K/D values and Williams %R
  • Technical oscillators including CCI, MFI, and ADX analysis
  • Ichimoku Cloud analysis with trading signals and cloud configuration
  • Fibonacci retracement and extension levels with swing point analysis
  • Volume analysis with POC, volume profile, and distribution patterns
  • Comprehensive indicators summary with overall signal assessment
  • Coinbase integration link for live trading

How to Use

  1. 1
    Click on any asset on the Dashboard or Scanner to open detailed view
  2. 2
    Review Price and Volume Analytics for current momentum and position
  3. 3
    Analyze MACD for trends insights
  4. 4
    Check Moving Averages for trend direction and crossovers
  5. 5
    Monitor RSI values for overbought/oversold conditions
  6. 6
    Review Ichimoku Cloud for comprehensive trend analysis
  7. 7
    Use Fibonacci levels for targets planning

Correlations

Advanced correlation analysis between different cryptocurrency pairs.

Key Capabilities

  • Pair-to-pair correlation matrices
  • Time-based correlation analysis
  • Visual correlation heatmaps
  • Statistical significance testing
  • Correlation strength indicators
  • Historical correlation trends

How to Use

  1. 1
    Access via Correlations tab
  2. 2
    Select assets to analyze correlations
  3. 3
    Choose time periods for analysis
  4. 4
    Interpret heatmap colors for correlation strength
  5. 5
    Use correlation data for portfolio diversification

Ready to Explore?

Now that you understand the platform features, dive deeper into technical indicators or start using the platform with our quick start guide.

Technical Indicators

Technical Indicators Guide

Master the art of technical analysis with our comprehensive guide to indicators. Learn how to interpret signals and make informed trading decisions.

Professional Analysis
Proven Strategies
Live Data

RSI (Relative Strength Index)

Momentum Oscillator

Measures the speed and change of price movements to identify overbought and oversold conditions.

RSI Interpretation

RSI > 70

Asset may be overvalued - consider selling

RSI 30-70

Normal trading range - no strong signal

RSI < 30

Asset may be undervalued - consider buying

Calculation

100 - (100 / (1 + RS)) where RS = Average Gain / Average Loss over 14 periods

RSI Trading Tips

  • Look for divergences between RSI and price for reversal signals
  • Use RSI in conjunction with other indicators for confirmation
  • In strong trends, RSI can remain overbought/oversold for extended periods
  • Consider the overall market trend when interpreting RSI signals

MACD (Moving Average Convergence Divergence)

Trend Following

Shows the relationship between two moving averages to identify trend changes and momentum.

MACD Components

MACD Line

12-period EMA minus 26-period EMA

Signal Line

9-period EMA of MACD line

Histogram

MACD line minus signal line

Calculation

MACD Line = 12 EMA - 26 EMA, Signal Line = 9 EMA of MACD, Histogram = MACD - Signal

Trading Signals

Bullish Crossover

MACD line crosses above signal line

Buy Signal

Bearish Crossover

MACD line crosses below signal line

Sell Signal

Zero Line Cross

MACD crosses above/below zero

Trend Confirmation

Divergence

MACD and price move in opposite directions

Reversal Warning

MACD Trading Tips

  • Wait for confirmation from histogram before acting on crossovers
  • Zero line crossovers indicate trend direction changes
  • Use MACD divergences to spot potential trend reversals
  • Combine with price action for better entry/exit timing

Moving Averages

Trend Following

Smoothed price data that helps identify trend direction and potential support/resistance levels.

Moving Average Types

Simple Moving Average (SMA)

Average price over N periods

Sum of prices / Number of periods

Exponential Moving Average (EMA)

Weighted average giving more importance to recent prices

EMA = (Close × Multiplier) + (Previous EMA × (1 - Multiplier))

Common Time Periods

7-day

Short-term trend identification

30-day

Medium-term trend analysis

50-day

Intermediate trend confirmation

200-day

Long-term trend determination

Important Crossovers

Golden Cross

50-day MA crosses above 200-day MA

Long-term bullish signal

Death Cross

50-day MA crosses below 200-day MA

Long-term bearish signal

Short-term Cross

7-day MA crosses 30-day MA

Short-term trend change

Moving Average Trading Tips

  • Use MA as dynamic support and resistance levels
  • Multiple MA crossovers provide stronger signals
  • Price above/below MA indicates trend direction
  • MA slope shows trend strength and momentum

Volume Analysis

Volume Indicators

Analyzes trading volume to confirm price movements and identify potential trend changes.

Volume Indicators

Volume Oscillator

Difference between short and long-term volume moving averages

Positive values suggest increasing volume momentum

Volume Spike

Current volume compared to average volume

Values > 2.0 indicate unusually high trading activity

On Balance Volume (OBV)

Cumulative volume based on price direction

Rising OBV confirms uptrend, falling OBV confirms downtrend

Key Volume Patterns

Volume Confirmation

Price move accompanied by high volume

Strong trend continuation signal

Volume Divergence

Price moves without volume support

Weak trend, potential reversal

Volume Breakout

Volume spike during price breakout

Confirms breakout validity

Climax Volume

Extremely high volume at trend extremes

Potential trend exhaustion

Volume Analysis Trading Tips

  • High volume confirms the validity of price movements
  • Volume should increase in the direction of the trend
  • Look for volume spikes during breakouts for confirmation
  • Divergences between price and volume can signal reversals

Composite Scores

Proprietary Indicators

Asset Radars proprietary scores combining multiple indicators for simplified analysis.

Proprietary Composite Scores

Short Term Score

Combines RSI, MACD histogram, and short-term MA for quick momentum assessment

Range: 0.0 - 1.0Weights: RSI (30%), MACD Histogram (40%), MA Crossover (30%)

Long Term Score

Focuses on longer-term indicators and price position for trend analysis

Range: 0.0 - 1.0Weights: Long-term MA (40%), Historical Price Position (60%)

Risk Adjusted Score

Combines momentum with volatility measures for risk-conscious trading

Range: 0.0 - 1.0Weights: Momentum Indicators (70%), Volatility Penalty (30%)

Score Interpretation

0.7 - 1.0

Strong Buy Signal

Multiple indicators align bullishly - high confidence in upward momentum

0.3 - 0.7

Neutral

Mixed signals, no clear direction - consider waiting for stronger confirmation

0.0 - 0.3

Strong Sell Signal

Multiple indicators align bearishly - high confidence in downward momentum

How Scores Are Calculated

Short Term Factors

  • • RSI momentum (30%)
  • • MACD histogram strength (40%)
  • • Moving average crossovers (30%)

Long Term Factors

  • • 50/200-day MA relationship (40%)
  • • Distance from all-time highs/lows (60%)
  • • Overall trend direction

Risk Adjustments

  • • Volatility penalty (-30%)
  • • Volume confirmation (70%)
  • • Market correlation factors

Composite Scores Trading Tips

Best Practices

  • Use composite scores for quick market scanning and initial filtering
  • Combine with individual indicators for detailed confirmation
  • Higher scores indicate stronger signal confidence levels

Advanced Usage

  • Compare scores across multiple timeframes for complete analysis
  • Use score divergences to identify potential trend reversals
  • Track score momentum changes for early signal detection

Important Limitations

Market Context

Scores don't account for external market events or news that may override technical signals

Lagging Nature

Based on historical data - may not capture rapid market changes or sudden reversals

Not Standalone

Should be used in conjunction with fundamental analysis and risk management practices

Market Conditions

Effectiveness may vary in different market conditions (trending vs. sideways markets)

Ichimoku Cloud Analysis

Comprehensive Trend System

A complete trading system that provides information about support/resistance, trend direction, momentum, and trading signals all in one view.

Ichimoku Components

Tenkan-sen (Conversion Line)

(9-period high + 9-period low) / 2

Kijun-sen (Base Line)

(26-period high + 26-period low) / 2

Senkou Span A (Leading Span A)

(Tenkan-sen + Kijun-sen) / 2, plotted 26 periods ahead

Senkou Span B (Leading Span B)

(52-period high + 52-period low) / 2, plotted 26 periods ahead

Chikou Span (Lagging Span)

Current closing price plotted 26 periods back

Kumo (The Cloud)

Area between Senkou Span A and B - key support/resistance zone

Key Insight

The Ichimoku system was designed to provide "one glance equilibrium" - all the information needed for trading decisions in a single chart view.

Understanding the Cloud (Kumo)

Cloud Characteristics

Bullish Cloud (Green)

Senkou Span A above Senkou Span B - indicates upward momentum and acts as support

Bearish Cloud (Red)

Senkou Span A below Senkou Span B - indicates downward momentum and acts as resistance

Cloud Thickness

Thicker clouds indicate stronger support/resistance levels

Price-Cloud Relationship

Above Cloud

Bullish trend - cloud acts as support, look for buying opportunities

Below Cloud

Bearish trend - cloud acts as resistance, look for selling opportunities

Inside Cloud

Neutral/consolidation phase - wait for breakout direction

Ichimoku Trading Signals

Bullish Signals

TK Cross (Bullish)

Tenkan-sen crosses above Kijun-sen

Strong Buy Signal
Cloud Breakout

Price breaks above bearish cloud

Trend Reversal
Chikou Confirmation

Chikou span above price 26 periods ago

Momentum Confirmation

Bearish Signals

TK Cross (Bearish)

Tenkan-sen crosses below Kijun-sen

Strong Sell Signal
Cloud Breakdown

Price breaks below bullish cloud

Trend Reversal
Chikou Resistance

Chikou span below price 26 periods ago

Momentum Weakness

Signal Strength Matrix

ConditionPrice vs CloudTK CrossChikouSignal Strength
Perfect BullishAbove Green CloudBullish CrossAbove Past PriceVery Strong
Strong BullishAbove CloudBullish CrossNeutralStrong
Weak BullishIn CloudBullish CrossNeutralWeak
Weak BearishIn CloudBearish CrossNeutralWeak
Strong BearishBelow CloudBearish CrossNeutralStrong
Perfect BearishBelow Red CloudBearish CrossBelow Past PriceVery Strong

Ichimoku Trading Tips

Setup and Configuration

  • Use standard settings (9, 26, 52) for most timeframes - they work across markets
  • Works best on daily and higher timeframes for cryptocurrency markets
  • Pay attention to cloud thickness - thicker clouds provide stronger support/resistance

Advanced Strategies

  • Wait for multiple confirmations before entering trades - reduces false signals
  • Use cloud edges as dynamic stop-loss levels for trend-following strategies
  • Monitor future cloud direction for early trend reversal warnings

Common Ichimoku Mistakes

Over-reliance on Single Signals

Don't trade on TK cross alone - wait for cloud and Chikou confirmation for stronger signals.

Ignoring Cloud Context

Price action within the cloud often generates false signals - wait for clear breakouts.

Wrong Timeframe Usage

Ichimoku works poorly on very short timeframes due to increased noise and false signals.

Neglecting Future Cloud

The future cloud shape provides early warnings about potential support/resistance changes.

Bollinger Bands

Volatility & Mean Reversion

A volatility indicator that creates dynamic support and resistance levels based on price volatility and statistical standard deviations.

Bollinger Bands Components

Upper Band

Middle Band + (2 × Standard Deviation)

Dynamic Resistance Level

Middle Band (SMA20)

20-period Simple Moving Average

Mean/Equilibrium Price

Lower Band

Middle Band - (2 × Standard Deviation)

Dynamic Support Level

Standard Settings

Period:20
Standard Deviation:2.0
Coverage:~95% of price action

Price Position Analysis

Position Signals

Upper Band Touch/Penetration

Price at or above upper band indicates potential overbought condition

Sell SignalHigh volatility (25.5%)
Middle Band (SMA20)

Price at middle band suggests equilibrium, often acts as dynamic support/resistance

Neutral ZoneTrend confirmation needed
Lower Band Touch/Penetration

Price at or below lower band indicates potential oversold condition

Buy SignalConsider entry zone

Percentage B (%B) Indicator

%B > 1.0 (Above Upper Band)

Extremely overbought - strong sell consideration

%B 0.8-1.0 (Upper Half)

Approaching overbought territory - monitor for reversal

%B 0.2-0.8 (Middle Range)

Normal trading range - follow trend direction

%B < 0.0 (Below Lower Band)

Extremely oversold - strong buy consideration

Current Example: %B = 0.14 (Lower Half)

Price is in the lower portion of the bands, suggesting potential oversold conditions with possible upward mean reversion.

Volatility Analysis (Bandwidth)

High Volatility (Expansion)

Bandwidth: >25%

Current: 25.54% (High)

Bands are wide apart - expect larger price swings

High Risk

Normal Volatility

Bandwidth: 10-25%

Normal trading range

Standard band relationships apply

Moderate Risk

Low Volatility (Squeeze)

Bandwidth: <10%

Bands contracting

Potential breakout setup - volatility expansion coming

Breakout Setup
Squeeze Analysis

Current Status: Normal (91.67 percentile)

Volatility is higher than 91.67% of recent periods

Implication: High volatility environment

Expect continued large price movements

Bollinger Bands Trading Strategies

Mean Reversion Strategy

Buy Setup
  • • Price touches or penetrates lower band
  • • %B below 0.2 or negative
  • • Look for bullish divergence with RSI
  • • Volume confirmation on bounce
Target: Middle Band
Sell Setup
  • • Price touches or penetrates upper band
  • • %B above 0.8 or greater than 1.0
  • • Look for bearish divergence with RSI
  • • Volume confirmation on rejection
Target: Middle Band

Breakout Strategy

Squeeze Breakout
  • • Identify periods of low volatility (bandwidth <10%)
  • • Wait for decisive break above/below bands
  • • Confirm with volume expansion
  • • Enter in direction of breakout
High Probability Setup
Trend Continuation
  • • Price consistently above/below middle band
  • • Upper/lower band acting as support/resistance
  • • Enter on pullbacks to middle band
  • • Use opposite band as profit target
Trend Following

Market Analysis Example

Current Readings

Upper Band:$0.877334
Middle Band:$0.778000
Lower Band:$0.678666
Current Price:$0.70700

Analysis & Signals

Position: Lower Half

%B = 0.14 - Price in lower portion of bands

High Volatility: 25.54%

91.67 percentile - expect continued large moves

Suggested Approach:

Moderate bearish bias. Consider short positions on rallies toward middle band.

Risk Assessment: Moderate

Stop: $0.868560 | Entry: $0.707000 | Target: $0.678666

Bollinger Bands Trading Tips

Best Practices

  • Use multiple confirmations - don't trade on band touches alone
  • Monitor %B indicator for precise entry and exit timing
  • Combine with RSI or MACD for divergence confirmation
  • Pay attention to bandwidth for volatility context

Common Pitfalls

  • Assuming every band touch is a reversal signal
  • Ignoring overall trend direction and market context
  • Not adjusting strategy for different volatility environments
  • Using fixed stop losses instead of dynamic band-based levels

Fibonacci Analysis

Mathematical Support & Resistance

Mathematical ratios derived from the Fibonacci sequence that identify potential support, resistance, and price target levels based on natural market retracements.

Position Analysis Example

Current Position

Between 0.0% and 23.6%

(10.9% from 0.0% level)

Retracement Zone

Swing Points

Swing High:$0.89700013d ago
Swing Low:$0.70200027d ago
Range:27.8%

Extension Target

Next Level:1.272
Target Price:$0.950040
Potential Gain:+34.38%

Trading Insights

Key Support:$0.702000 (0.0%)
Key Resistance:$0.748020 (23.6%)
Risk/Reward:0.12

Fibonacci Retracement Levels

Standard Retracement Levels

261.8%
$1.21
161.8%
$1.02
127.2%
$0.950040
100.0%
$0.897000

Key Support & Resistance Levels

78.6%
$0.855270
61.8%
$0.822510
50.0%
$0.799500
38.2%
$0.776490
23.6%
$0.748020Resistance
0.0%
$0.702000Support

Fibonacci Trading Strategies

Retracement Strategy

Buy Setup (Current Scenario)
  • • Price between 0% and 23.6% (current position)
  • • Look for support at 23.6% level ($0.748020)
  • • Entry on bounce from Fibonacci support
  • • Target higher Fibonacci levels (38.2%, 50%, 61.8%)
Bullish Retracement
Risk Management
  • • Stop loss below key Fibonacci level
  • • Risk/Reward: 0.12 (current example)
  • • Position sizing based on Fibonacci distance
  • • Scale out at multiple Fibonacci targets

Extension Strategy

Extension Targets
  • • 127.2% extension: $0.950040 (+34.38%)
  • • 161.8% extension: $1.02
  • • 261.8% extension: $1.21
  • • Use for profit-taking levels
Extension Targets
Breakout Confirmation
  • • Wait for break above 100% level ($0.897000)
  • • Volume confirmation on breakout
  • • Use extension levels as profit targets
  • • Trail stop at lower Fibonacci levels

Fibonacci Level Significance

Golden Ratio Levels

61.8% (Golden Ratio)

Most significant retracement level, often provides strong support/resistance

38.2% (1 - 0.618)

Secondary important level, complement to 61.8%

23.6%

Shallow retracement, indicates strong trend continuation

Key Psychological Levels

50.0% (Halfway)

Not a Fibonacci ratio but psychologically significant midpoint

78.6% (√0.618)

Deep retracement, last chance before trend failure

100.0% (Full Retracement)

Complete retracement, trend reversal confirmation

Extension Levels

127.2% (1.272)

First major extension target, moderate profit-taking level

161.8% (φ)

Golden ratio extension, strong target for trending moves

261.8% (φ²)

Extended target for very strong trending moves

Example Analysis

Bearish Bias Analysis

"Bearish bias with 23.6% level as potential resistance. Target the next support level."

Current Position:10.9% from swing low
Next Resistance:$0.748020 (23.6%)
Support Target:$0.702000 (0.0%)

Trading Plan

Short-term Bearish
  • • Watch for rejection at 23.6% ($0.748020)
  • • Target swing low at 0.0% ($0.702000)
  • • Stop above 38.2% level for short positions
Bullish Reversal
  • • Break above 38.2% confirms bullish momentum
  • • Target 50%, 61.8%, and 78.6% levels
  • • Extension targets at 127.2% and beyond

Fibonacci Trading Tips

Best Practices

  • Identify clear swing highs and lows for accurate Fibonacci placement
  • Combine with other indicators for confirmation (RSI, MACD, volume)
  • Use multiple timeframes to identify confluent Fibonacci levels
  • Focus on 38.2%, 50%, and 61.8% levels for highest probability setups

Common Mistakes

  • Drawing Fibonacci levels on minor or unclear swing points
  • Expecting exact bounces - allow for some price tolerance around levels
  • Ignoring overall trend direction when interpreting Fibonacci signals
  • Over-relying on Fibonacci without considering market context and volume

Ready to Apply Your Knowledge?

Now that you understand technical indicators, take the next step in your trading journey. Explore our platform features or start analyzing the markets with your new knowledge.

"The best time to start was yesterday. The second best time is now. Begin your technical analysis journey today and join thousands of traders making more informed decisions with Asset Radars."

— Asset Radars Team