Discover and read the best of Twitter Threads about #DOWNTREND

Most recents (5)

1.1A #Doji candlestick is a type of chart pattern that is commonly used in technical analysis for trading. It is formed when the opening and closing prices of an #asset are virtually equal, resulting in a small body with long upper and lower shadows.
1.2 The #Doji candlestick is considered a reversal pattern, indicating a possible change in the direction of the trend. If it appears after an #uptrend, it may indicate a potential #reversal to a downtrend.
Read 6 tweets
Ehi there #Crypto and #macro Twitter

Time for #market analysis #Number12!

"Quiet, before the storm"

I will explain here what happened since last week, and cover the broader #economy as it breaks

I will start from #onchain #BTC, going into #Technical Analysis + #macro🧵
First of all, if you want to have a deeper insight in what happened the week before, you should check my last #weekly #analysis

I'll put the link here for you:


But let's start digging into this week, should we?
Last week we experienced a rally in #crypto with #Eth leading the way with a speculative date on the merge happening on September 19th.

BTC managed to rally breaking the trendline at resistance and the realized price, but failed to maintain those as support ImageImageImage
Read 23 tweets
6 Pullback Trading Strategies for Beginners (🧵)
1. Trendlines: The Simplest of them all. After determining the trend's direction(quickly done using Swing High and Lows)👇
A sequence of higher highs, followed by a series of higher lows, constitute an #uptrend. Similarly, a line of lower lows and lower highs include a #downtrend👇
Read 23 tweets
5 Most Used Indicators by Swing Traders:

A Thread (🧵)... (1/18)
1. Moving Averages: The most simple indicator out there, used by both amateur, as well as experienced #Swingtraders! This indicator takes into account the closing prices of specific periods and Averages them out👇 (2/18)
Periods may be categorized into short, medium, or long-term! For example, a 7-day, 50-day, and 200-day #MovingAverage may be considered👇
(3/18)
Read 18 tweets
#DXone_Indicators [14/04/20]: #AroonIndicator

It shows whether the #crypto is #TRENDING.

The indicator comprises of an #AROON_UP (Yellow) and an #AROON_DOWN line (Blue).

Rising AROON-UP+Falling AROON-DOWN = #Uptrend
Falling AROON-UP+Rising AROON-DOWN = #Downtrend
Sign Up at dxone.com to check out all 68 technical indicators available for the professional traders.

#trading #cryptocurrency #CryptoNews #Crypto #cryptocurrencies #Bitcoin #LearningNeverStops #TuesdayThoughts #bitcoin #cryptotwitter
Analysing #BTC, notice, how the #DOWNTREND shown by the AROON-UP (#Yellow) line crossing and falling below the AROON-DOWN (#Blue) around the 7th of #March could be correlated with a fall in a little over $1000 in #price.
Read 5 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!