Discover and read the best of Twitter Threads about #Chartpatterns

Most recents (5)

Technical Analysis 101: A Beginner's Guide to Trading Crypto Using Charts💸📈
1/🧵 Welcome to my #TechnicalAnalysis guide! In this thread, we'll explore what technical analysis is, how it works, and how you can use it to make informed trading decisions in the world of #crypto. Don't forget to like, retweet, and follow for more crypto content! 🚀
2/📈 What is Technical Analysis? Technical Analysis (TA) is a method of analyzing the price movements of an asset, such as a cryptocurrency, using charts and indicators. It aims to identify patterns and trends that can help traders make decisions about when to buy or sell. #TA
Read 12 tweets
🚨Thread Alert! Let's talk about some chart patterns to look out for when day trading. #Chartpatterns
1. Head and Shoulders: This pattern is characterized by a peak (The "left shoulder) followed by a higher peak (the "head"), then a lower peak (the "right shoulder"). It's considered a bearish reversal pattern. Image
2. Double Tops and Bottoms: This pattern is characterized by two peaks (or bottoms) at roughly the same price level. It's considered a reversal pattern, with a double top being bearish and a double bottom being bullish. Image
Read 8 tweets
Top 3 Bullish Chart Patterns-

1. Inverse Head & Shoulders-

2. Double Bottom

3. Triple Bottom

A thread 🧵👇🏻
. Inverse Head & Shoulders-

-A bullish reversal pattern
-Volume is highest at the breakout of the neckline.
-Minimum target is vertical distance from the head to the neckline post breakout 👇🏻
Double Bottom

-A Bullish reversal pattern
-Looks like a W
-Volume is High at the Breakout 👇🏻
Read 5 tweets
Thread 🧵explaining #CupHandle Pattern used in #TechnicalAnalysis
(Must read for #TA learners)

🙏Like & RT to spread learning with all🙏

@rohanshah619 @Mitesh_Engr
@PAlearner @Puretechnicals9

Views Welcome

#TechnicalAnalysis #StockMarket
1⃣

Cup and Handle is a #bullish continuation chart pattern. It is formed by two rounded troughs, the first being deeper and wider than the second.

The first trough is known as #cup while second trough is known as #handle.

#TechnicalAnalysis #ChartPatterns #Charts #StockMarket
2⃣

The high points of the cup and the handle are aligned on the same horizontal #resistance line known as the #neckline of the cup with handle pattern.

#TechnicalAnalysis #ChartPatterns #Charts #StockMarket
Read 7 tweets
Thread 🧵explaining Inverted Head & Shoulder Pattern used in #TechnicalAnalysis

(Must read for #TA learners )

🙏 Like & RT to spread learning with all 🙏

@rohanshah619 views welcome ...

#TechnicalAnalysis #ChartPatterns #Charts #StockMarket Image
1⃣An inverse Head and Shoulders (H&S) pattern is a #bullish trend reversal chart pattern.

This chart pattern is the opposite of the traditional "Head and Shoulder (H&S)” pattern.

#TechnicalAnalysis #ChartPatterns #Charts #StockMarket
2⃣ Pattern has four parts -

✅Left Shoulder
✅Head
✅Right Shoulder
✅Neckline

After downtrend, first a left shoulder is formed followed by a lower head followed by right shoulder as shown in chart below.

Pattern is complete when price breaks neckline on upside. Image
Read 6 tweets

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