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Jan 29, 2023 7 tweets 2 min read Read on X
#Educational || Every trader needs to understand Market Structure. A smol thread🧵.

1/5 An uptrend is defined by Higher Highs and Higher Lows. Image
2/5 A downtrend is defined by Lower Highs and Lower Lows. Image
3/5 Distinguish between External and Internal Structures. Image
4/5 Expect the trend to continue until you see a shift. Internal shifts do not necessarily lead to External shifts. Image
5/5 However Internal shifts CAN lead to External shifts. Image
I will keep repeating this until you're sick of it. Because that is what it takes to learn it.

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More from @iWantCoinNews

Jan 31, 2023
#Educational || A thread 🧵

How to successfully grow the size of your trading portfolio using:

-A trading strategy
-Proper Risk management
-Self Management
1.1) A trading strategy

Any strategy is acceptable. Some use:
-Demand and Supply
-Pattern trading
-Harmonic trading
-Smart money concepts
-Elliott wave
-Indicators

However it needs to be somewhat successful.
1.2) How successful is partially depended on your risk management, but for this example we will use a 50% HIT-RATE. Meaning using this strategy we are right 50% of the time.
Read 21 tweets
Dec 30, 2022
#Educational || Thread on Supply and Demand 🧵

This is where understanding the market begins.

The law of demand
Higher price = Less willing buyers
Lower price = More willing buyers

The law of supply
Higher price = More willing sellers
Lower price = Less willing sellers
1) Demand vs Supply zones

Demand zone- more willing buyers than sellers - price increase. (They are demanding the asset)

Supply zone - more willing sellers than buyers - price decreases. (They are supplying the market with the asset.)
2) The law of Supply and Demand

Price will always seek the market equilibrium. This is where supply and demand curves cross each other.

Equilibrium is when both buyers and sellers have no motivation to buy or sell. But why does the market change anyways?
Read 11 tweets
Jul 23, 2022
#Educational on DIVERGENCE using RSI (10 tweets🧵)

Meaning: When price and indicator are moving in opposite directions.

Common questions answered:
-What does a divergence look like?
-What does a divergence indicate?
-The difference between regular and hidden divergence.
1. First we look at regular divergence.

Price downtrending while RSI uptrending = positive or bullish div. (Connect bottoms)

Price uptrending while RSI downtrending = negative or bearish div. (Connect tops)
2. How does this look on a real chart?

In the case of RSI, the strongest reversal indications happen when RSI hits 'oversold(below 30) and overbought(above 70) levels.
Read 11 tweets
Jun 24, 2022
1/10

$BTC It's time for a "spot the bottom" tweet. 🧵

Technical Analysis means you can use historical data to extrapolate future price action and identify the current trend to a certain level of accuracy.

First chart is to show what price areas I primarily look at as a bottom.
2/10

These are the Hull Moving Average (80) and the Regular Moving average (200). @FSgura taught me to use HMA to identify Bull and Bear markets quicker. Any price action above we consider bull and any price below we consider bear. Occasionally you will see some fake outs.
3/10

I'm looking at historical data to find similarities.

1. After a bulltrend BTC loses HMA and retests it. The second time it retests bearish BTC crashes.
2. BTC crashes towards the 200MA.
3. BTC consolidates on/near MA until HMA catches up.
4. HMA crosses below + above MA.
Read 13 tweets

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