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
🚨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. 
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.
Top 3 Bullish Chart Patterns-
1. Inverse Head & Shoulders-
2. Double Bottom
3. Triple Bottom
A thread 🧵👇🏻
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 👇🏻
-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 👇🏻
-A Bullish reversal pattern
-Looks like a W
-Volume is High at the Breakout 👇🏻
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
(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
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
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
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
(Must read for #TA learners )
🙏 Like & RT to spread learning with all 🙏
@rohanshah619 views welcome ...
#TechnicalAnalysis #ChartPatterns #Charts #StockMarket
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
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.
✅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.
