Discover and read the best of Twitter Threads about #RSI
Most recents (24)
Thread On EW motive waves.
With the Help of Rsi its very easy to Label the Motive waves
When Rsi is in the oversold territory making a postive divergence that price point can be the start of Wave 1.
Wave 1 always a 5 wave structure 5-3-5-3-5
In leading diagonal 3-3-3-3-3.
(1/5)
With the Help of Rsi its very easy to Label the Motive waves
When Rsi is in the oversold territory making a postive divergence that price point can be the start of Wave 1.
Wave 1 always a 5 wave structure 5-3-5-3-5
In leading diagonal 3-3-3-3-3.
(1/5)
Wave 3 is the strongest,Longest& fastest Wave
After the correction in wave 2, the 3rd wave Breaks out
The economic and fundamentals news is mostly negative and almost everyone is Bearish
Wave 3 Retraced 1.618 of wave 1 anything above 1.618 extension called as Extended wave 3
2/5
After the correction in wave 2, the 3rd wave Breaks out
The economic and fundamentals news is mostly negative and almost everyone is Bearish
Wave 3 Retraced 1.618 of wave 1 anything above 1.618 extension called as Extended wave 3
2/5
Wave 3 Always heats up the Rsi and Rsi remain in the overbought zone most of the times in wave 3.
Mostly Gap Up usually seen in wave 3 and also we witness the price rise with good volumes. (3/5)
Mostly Gap Up usually seen in wave 3 and also we witness the price rise with good volumes. (3/5)
#Ethereum's #revenue sees fourth consecutive monthly increase, reaching $208m, but underperforms compared to #Bitcoin as global #crypto market faces #bearish trends. 🧵👇
Sub to our TG for the latest: t.me/matrixportupda…
Sub to our TG for the latest: t.me/matrixportupda…
From #bearish to #bullish: #crypto trends signal a potential buying opportunity at $27,500 for #Bitcoin and #Ethereum outperformance 🧵🧵
Sub to our TG for the latest: t.me/matrixportupda…
Sub to our TG for the latest: t.me/matrixportupda…
#Crypto #sentiment has cooled off, with our #Bitcoin Greed & Fear Index dropping to 44 (for #Ethereum, 46). Buying half a position at $27,500 could be a good re-entry level, with the possibility of the price dropping to $25,000 for the second half.
The decline in #stablecoin #marketcap suggests money is leaving the ecosystem, with #USDC and #BUSD dropping below $30bn and $6.5bn, respectively. Negative #funding rates for #Binance #BNB could indicate potential negative news.
14 is a widely followed period for RSI. If you plot 14-period RSI, it calculates a ratio of bullish prices in the last 14 candles.
As a result, a higher RSI indicates a higher ratio of average bullish prices.
Thread on RSI indicator to learn more
As a result, a higher RSI indicates a higher ratio of average bullish prices.
Thread on RSI indicator to learn more
There are many ways to use the RSI indicator.
RSI above 50, overbought-oversold zone, positive – negative divergences, RSI and signal line crossover etc.
How about reducing the noise of the RSI indicator?
RSI above 50, overbought-oversold zone, positive – negative divergences, RSI and signal line crossover etc.
How about reducing the noise of the RSI indicator?
Few people know that J.Welles Wilders created a bunch of indicators, RSI was one of them. He passed away in April 2021. I am grateful for what he has brought to the trading community.
To honor his work. Here is a thread about #RSI that you won't find anywhere else
🧵👇
To honor his work. Here is a thread about #RSI that you won't find anywhere else
🧵👇
Let's start first with what an RSI does. It measures up and down moves and calculates a ratio. It compares the strength of gains to losses over a period, which is by default 14.
The general premise is that too much in any direction is not sustainable which will induce a mean reversion. But what is too much? And what are the better triggers!
"SCETTICISMO TEDESCO #VACCINO #COVID19 COLLEGATO A #ANTISEMITISMO"
Andrea D'Addio, #giornalista mainstream fondatore #BerlinoMagazine e altre iniziative imprenditoriali nei media. É stato uno dei più convinti sostenitori della v. e relative misure restrittive.
1/n
#thread
Andrea D'Addio, #giornalista mainstream fondatore #BerlinoMagazine e altre iniziative imprenditoriali nei media. É stato uno dei più convinti sostenitori della v. e relative misure restrittive.
1/n
#thread
D'Addio, in un post fb di Agosto 2021, parrebbe collegare il disagio personale al negazionismo social di fronte ad un caso di stupro come per i "pro-contagi" intervistati a Firenze, in una delle migliaia di manifestazioni anti restrizioni diritti costituzionali.
#greenpass
2/n
#greenpass
2/n
D'Addio in altro post di Agosto 2021: "Credo fermamente nell'esigenza di vaccinarsi tutti. Purtroppo, chi potendolo non lo fa, ai miei occhi è un grande egoista e perde tanti punti di credibilità, direi che quasi li azzera. Credo anche nel ruolo attivo dell'#informazione."
3/n
3/n
According to recent technical analysis, #Bitcoin is on the verge of a new "big rally" as its #RSI (Relative Strength Index) is currently mirroring the recovery patterns seen during the 2018 #bearmarket.
1/
1/
This is a positive indicator for those looking to invest in #BTC, as it suggests that the cryptocurrency is on track for significant price gains in the near future.
2/
#cryptocurrency #investing #crypto
2/
#cryptocurrency #investing #crypto
🥇 Whales aggressively started the 2023 year!
More than 70.000 $BTC that worth ~$1.4B were accumulated by whales’ wallets over the recent 2 weeks and pumps!
3/
#cryptoinsights #bitcoinsentiment
More than 70.000 $BTC that worth ~$1.4B were accumulated by whales’ wallets over the recent 2 weeks and pumps!
3/
#cryptoinsights #bitcoinsentiment
🔥#Bitcoin in fiamme negli ultimi giorni🔥 Inversione di tendenza o bear market rally?
Approfittiamo oggi del momento di stasi del mercato per capire in che fase ci troviamo e come mi sono mosso in questi giorni ⬇️🧶
Approfittiamo oggi del momento di stasi del mercato per capire in che fase ci troviamo e come mi sono mosso in questi giorni ⬇️🧶
1/ Il forte movimento di Bitcoin ha scatenato una vera e propria ondata di liquidazioni. Nel momento di maggiore hype, si sono registrate liquidazioni Short per un totale di 130M.
2/ L'ondata di liquidazioni quando Bitcoin è tornato ai 20k non è stata però al livello di quella registrata l’8 Novembre per il crollo di FTX. Un aspetto interessante è che $ETH ha registrato la maggior quantità di liquidazioni, nonostante il rialzo sia stato guidato da $BTC.
If you haven't read it
From our newsletter:
$DJI
"Last Friday it managed - just like the $DJT and $IWM - to make a solid upward breakout... did so on high volume... close above the 20, 50, 100 and 200DMA.
All indicates that this will most likely be the way forward for the #SPX"
From our newsletter:
$DJI
"Last Friday it managed - just like the $DJT and $IWM - to make a solid upward breakout... did so on high volume... close above the 20, 50, 100 and 200DMA.
All indicates that this will most likely be the way forward for the #SPX"
" #DJT made an excellent breakout and closed above 20 and 100DMA. It closed right at its 50DMA. Bullish action from a leading indicator. $DJT will have to surpass the conjunction of 50DMA and 200DMA next week, in order to validate more upward moves"
It did that yesterday
#ES_F
It did that yesterday
#ES_F
$QQQ
"A follow up rally is expected to allow it to break out of the Noise Box and break above at least the 20DMA.
On Monday it broke above the Noise Box, yesterday above the 20DMA, today above the 50DMA"
#QQQ #NDX #TradingSignals #bearmarket #SPX #ES_F #trading #SPX
"A follow up rally is expected to allow it to break out of the Noise Box and break above at least the 20DMA.
On Monday it broke above the Noise Box, yesterday above the 20DMA, today above the 50DMA"
#QQQ #NDX #TradingSignals #bearmarket #SPX #ES_F #trading #SPX
SUL CASO ENRICO MONTESANO E SULLA RIVALUTAZIONE O RIPROPOSIZIONE DEI SIMBOLI E MOTTI NAZIFASCISTI
#Montesano #nazismo #Fascismo #Xmas #BallandoConLeStelle #Rai #raiuno
1)
#Montesano #nazismo #Fascismo #Xmas #BallandoConLeStelle #Rai #raiuno
1)
Il caso di Enrico #Montesano, squalificato dal programma televisivo di #Rai 1 Ballando con le Stelle per aver indossato durante le prove di ballo una maglietta nera della "Xª MAS" con su scritto il motto "Memento Audere Semper",
#decimamas
2)
#decimamas
2)
richiama a frotte i soliti liberali anti-comunisti che non perdono occasione per delineare il loro patetico "non-pensiero" (vale a dire il pensiero non elaborato in maniera logico-razionale) per il quale i vari simboli usati dai #nazionalismi dittatoriali del #Novecento
3)
3)
When it comes to #Momentum investing or rather any other type of investing, knowing when to exit > knowing when to enter!!
#MostlyMomentum #investing #StockMarket
👇🏻
#MostlyMomentum #investing #StockMarket
👇🏻
Following are few basic types of technical ratios, indicators, other methods, etc., you can use for exits. This is mainly for rule based investing, and non-discretionary type of investments!
All following examples are just for illustration purpose, go with what suits your behavior as an investor, but once selected, do not change it again and again.
What is the Relative Strength Index (RSI), and how do you use it?
Developed by J. Welles Wilder in 1978, the Relative Strength Index(RSI) is a momentum oscillator that measures the speed and change of price movements.
#TradingSignals #RSI
🧑🏫Let's Learn!
Educational 🧵👇
1/
Developed by J. Welles Wilder in 1978, the Relative Strength Index(RSI) is a momentum oscillator that measures the speed and change of price movements.
#TradingSignals #RSI
🧑🏫Let's Learn!
Educational 🧵👇
1/
The RSI is an oscillator with a range from 0 to 100
There are 3 main values of interest:
🔵Below 30 signals that the market is oversold 📉
🔵50 signals neutral 😐
🔵Above 70 signals overbought 📈
2/
There are 3 main values of interest:
🔵Below 30 signals that the market is oversold 📉
🔵50 signals neutral 😐
🔵Above 70 signals overbought 📈
2/
The #RSI indicator has been featured in many books and articles over the years. Even though the it was created well before the computer era, it is still a widely used indicator that traders use to determine momentum in any given market.
3/
3/
Best way to use #RSI for Trading
What is RSI indicator?
RSI is used on price to identify oversold and overbought market conditions. In relative terms, when RSI line touches the 30 line, price is said to be oversold. When RSI touches the 70 line, price is said to be overbought.
What is RSI indicator?
RSI is used on price to identify oversold and overbought market conditions. In relative terms, when RSI line touches the 30 line, price is said to be oversold. When RSI touches the 70 line, price is said to be overbought.
Problem of using RSI traditionally is that in heavily trending market #RSI can remain oversold and overbought for a considerably long duration. Consider example of #TATACHEM for example. If you keep selling because of RSI Oversold, you can continue to make losses.
So the proper way is to use RSI + Divergence.
What is RSI Divergence? When price is moving in opposite direction of the RSI.
1. Near 70, Price is making Higher Highs & RSI is making Lower Highs; or
2. Near 30, Price is making Lower Lows & RSI is making Higher Lows.
What is RSI Divergence? When price is moving in opposite direction of the RSI.
1. Near 70, Price is making Higher Highs & RSI is making Lower Highs; or
2. Near 30, Price is making Lower Lows & RSI is making Higher Lows.
🐦 1
#Technical #Analysis #LongTerm #Investment
#Retweet for maximum reach!
Today I will show you how to pick #MultiBagger(2-10x) stocks #Technically
Disclaimer -
If the company isn't liquid enough, I can't give guarantee on the output. Also let us backtest it further.
#Technical #Analysis #LongTerm #Investment
#Retweet for maximum reach!
Today I will show you how to pick #MultiBagger(2-10x) stocks #Technically
Disclaimer -
If the company isn't liquid enough, I can't give guarantee on the output. Also let us backtest it further.
🐦 2
You have to assess the liquiduity and fundamentals then apply this #strategy.
Please go through the series of tweets THOROUGHLY to understand the strategy, I have tried to explain it in the simplest way possible.
Pre-requisites :
* #RSI
* #Volume
* #Patience
You have to assess the liquiduity and fundamentals then apply this #strategy.
Please go through the series of tweets THOROUGHLY to understand the strategy, I have tried to explain it in the simplest way possible.
Pre-requisites :
* #RSI
* #Volume
* #Patience
🐦 3
What NOT to expect from this strategy?
* Instant return!
* "Becoming Millionaire" in 1 Month
What to expect from this strategy?
* #Guaranteed #MultiBagger #ALERTS
* 2-10x #RETURNS over 2-5 Years
* #Conviction
* Good Sleep @ Night
What NOT to expect from this strategy?
* Instant return!
* "Becoming Millionaire" in 1 Month
What to expect from this strategy?
* #Guaranteed #MultiBagger #ALERTS
* 2-10x #RETURNS over 2-5 Years
* #Conviction
* Good Sleep @ Night
$REV-Playout PT 1: Our previously implied #bullflag is playing out like we said. During the after hours today, we came retraced to re-test the 0.618 #fibonacci ratio ($8.27) and have now closed the day at $8.35. This tells us that #rev #stock is respecting market geometry... cont
$REV-Playout PT 2: Price action is suggesting what we previously mentioned, #rev may want to continue in this phase for some more time and potentially reach the channel top before the next capitulation phase starts... cont
$RDBX-New Formation PT 1: The daily 10 day simple moving average is acting as support from today's run. Confirming support above this average can prove worthy for #rdbx #stock. The real obstacle would be the cross of the daily SMA100 right after... cont
$RDBX-New Formation PT 2: The bottom rectangular support we've had for days is working perfectly and is also helping form our previously implied #bullflag formation. This candle will close in 2 trading days and still within the channel bounds... cont
$RDBX-New Formation PT 3: Daily #RSI indicator is pivoted straight up and about to re-enter the bullish control zone. The moving average seems to have worked as a form of support... cont
How to use mean reversion in time series.
#Thread 🧵
#trading #trading #stockmarket #trader #stockmarketindia #strategy #rsi #tradingstrategy #algotrading #career
#Thread 🧵
#trading #trading #stockmarket #trader #stockmarketindia #strategy #rsi #tradingstrategy #algotrading #career
$BBBY-Formation Confirmed PT 1: The SMA100 played the support just like we spoke about yesterday. In doing so, the pattern became more apparent. To gain an edge on an area for either take profit or interest, let's take some #Fibonacci targets... cont
$REV-Macro Perspective PT 2: Our implied pattern is a #cupandhandle. We mentioned yesterday that we'd be able to form this candle only if we found support off of the 100 day simple moving average... cont
$REV-Macro Perspective PT 1: Let's take note of our macro direction. We can see on the weekly time frame that #rev #stock is playing iterations of capitulation phases. There's still be room to continue the last iteration longer. There's something we should note here... cont
$REV-Macro Perspective PT 2: In each of these iterations we have wicked to new lower low and #rev has used that lower wick as an area of interest and resistance before capitulating again. Our current iteration has made a new lower wick... cont
$REV-Macro Perspective PT 3: The reason we may play the current iteration longer is due to the support marked to the left with a red arrow from back in 2006! This backs our next thread of analysis... cont
$RDBX-Before We Run PT 1: We have touched down at the bottom of both our channel and ascending triangle formations. Keep in mind that this drop has been spoken of for days now and we're pretty much where we said we'd be. This introduces a support range... cont
$RDBX-Before We Run PT 2: We have a support ranging from $3.63 to $4.23. Falling to the $3.63 bottom would still keep us in our higher high and higher low basis... cont
$RDBX-Before We Run PT 3: Our 3 Day #BBWP #indicator is running higher into the extreme highs. This can give us a clue into the incoming buy pressure. It appears as though there can be enough fuel in the coming days for a serious run to the upside... cont
Many who became a Full-Time #Trader in the last two years would be in a dilemma because of the volatility in this market.
Be a part-time trader instead of leaving it.
This #thread 🧵will be on what all #strategies, I personally use to generate active #income in the market.
Be a part-time trader instead of leaving it.
This #thread 🧵will be on what all #strategies, I personally use to generate active #income in the market.
We will discuss positional trading and investing in stocks and then about option trading.
In #Stocks, we don't take any leverage, so risk is lesser, whereas in #Options it is a leverage instrument, so risk is high and it can wipe out your capital.
In #Stocks, we don't take any leverage, so risk is lesser, whereas in #Options it is a leverage instrument, so risk is high and it can wipe out your capital.
#Investment #Portfolio:
This is basically my long-term portfolio, which I create for a horizon of more than 5 years.
There are certain criteria which I use to filter stocks in #Investment.
Mostly look for the sector where you know something.
This is basically my long-term portfolio, which I create for a horizon of more than 5 years.
There are certain criteria which I use to filter stocks in #Investment.
Mostly look for the sector where you know something.
#Bitcoin has been making higher highs since the crash to $18k, but the recovery is nothing impressive after a crash of this magnitude.
I think #BTC might stay in this area for sometime waiting for July CPI number, macro decisions (Fed) and Q2 earnings/recession confirmation.
I think #BTC might stay in this area for sometime waiting for July CPI number, macro decisions (Fed) and Q2 earnings/recession confirmation.
13 years since #Bitcoin's inception, #BTC has never seen a secular #bearmarket (Monthly #RSI has never been oversold), eventually this will come.
Though I strongly believe BTC will have at least one more cycle to go before this happens, it is possible this has already began.
Though I strongly believe BTC will have at least one more cycle to go before this happens, it is possible this has already began.
In a secular bearmarket, the "only only" mentality gets tested then shattered. People will ask "how is this possible?", we saw a hint of this when #BTC fell below previous cycle top $20k.
Much alike #NASDAQ in dotcom age, for 14 years, it has always had higher highs...
Much alike #NASDAQ in dotcom age, for 14 years, it has always had higher highs...
then come 2000 a secular #bearmarket shattered all previous expectations (as indicated by monthly oversold RSI).
Imo it is not a question if but when the similar will happen to a rapidly growing asset like #Bitcoin, those who bought the secular top could be in losses for years.
Imo it is not a question if but when the similar will happen to a rapidly growing asset like #Bitcoin, those who bought the secular top could be in losses for years.
📢THE COLLAPSE OF THE WORLD ECONOMY AND THE SOLUTION IN THE FORM OF CRYPTO! 📢
In this little story I summarize how Covid, Supply Chain, Debt, Wages, Inflation, a Eecession, Insolvency and an aging population come together to form a common solution: Crypto Assets
1) ...
In this little story I summarize how Covid, Supply Chain, Debt, Wages, Inflation, a Eecession, Insolvency and an aging population come together to form a common solution: Crypto Assets
1) ...
So much is happening in the world. War, High #inflation, Covid, #recession, insolvancy, a debt bubble and Supply Chain problems.
All of these causes have a large impact on the world economy and therefore on your portfolio, which makes it important to understand what is going on.
All of these causes have a large impact on the world economy and therefore on your portfolio, which makes it important to understand what is going on.
The main consequence:
An nation on the verge of collapse and a debt bubble around the world.
As Ray Dalio said
'A nation in its last effort of strength is hugely in debt, there are internal wealth disparities and printing money seems to many to be the solution, but it is not'.
An nation on the verge of collapse and a debt bubble around the world.
As Ray Dalio said
'A nation in its last effort of strength is hugely in debt, there are internal wealth disparities and printing money seems to many to be the solution, but it is not'.
