Mastering Stochastic RSI in Confluence with Market Structure for a Higher Win Rate: A thread 🧵

Introduction:

Stochastic RSI is a momentum indicator combining Stochastic Oscillator & RSI. It oscillates between 0 and 100, providing more precise overbought/oversold levels.

1/ Why Use Stochastic RSI?

•Faster signals than traditional RSI
•Identifies potential reversals
•Helps confirm entry/exit points in conjunction with the price action

2/

$PENDLE TVL went from $17M to $150M in the past 6 months.

I have been a fan of $PENDLE for a while now. It's a must addon to your portfolio. Why you ask?

In this thread, I will explain @pendle_fi and what it does.

1/ Introduction:

Pendle is a platform where people can split their crypto investments into two parts: the initial amount they put in & the future profits they expect to earn. They can then trade these parts separately, giving them more flexibility and new ways to make money.

2/

@arbitrum @optimismFND @MetisDAO

These three projects have something in common. Which is the technology behind called "optimistic rollups".

So in this thread, I'll cover everything related to optimistic rollups.

Let's get started 👇

1/ •What are optimistic rollups?
•Terminologies
•How do optimistic rollups work?
•What are the advantages of optimistic rollups?
•What are the disadvantages of optimistic rollups?
•Conclusion

2/

LayerZero 🧵

You must be hearing 'LayerZero' a lot in the past few months. If you haven't heard of it, you'll.

So, what's LayerZero?

LayerZero is a groundbreaking Omnichain interoperability protocol that enables seamless transactions between different blockchain networks.

1/ Now you may ask what is Omnichain interoperability protocol?

Omnichain interoperability protocol operates as a transport layer that smart contracts can use to communicate with one another across different blockchains.

2/

A macro report 🧵

$DXY

We had a monthly bounce from the weekly support below. Soon enough I expect it to return in the same direction 🐻

1/ $SPX

It broke the trendline and tested the weekly range high as resistance. Now retraced back to retest the trendline.
A bounce to break the range will be really bullish 🐂

2/

In this thread, I'll be covering a "Fundamental Analysis" of the crypto market. Let's get started.

Fundamental analysis is a method used to evaluate the intrinsic value of a project by analyzing its underlying technology, team, partnerships, and overall market potential.

🧵 By understanding the fundamentals of a project, we can make informed decisions on whether to invest in a particular project or not.

As we enter 2023, I'll advise all the newcomers in the space to read "The #Bitcoin Whitepaper".

Here's a quick overview thread 🧵 Satoshi Nakamoto released the "Bitcoin: A Peer-to-Peer Electronic Cash System" whitepaper in 2008. It describes how a decentralized digital currency system, which enables safe, direct transactions without the need for a centralized authority, is designed and operates.

"Reminiscences of a Stock Operator" is a must-read book written by Edwin Lefèvre on the real-life experiences of "Jesse Livermore", a legendary stock trader who made and lost several fortunes during the late 19th and early 20th centuries.

A thread about the learnings 🧵 •At an early age, Livermore worked as a "board boy" at a Boston brokerage company to start his career as a stock trader.
•He picked up the stock market's nuances fast and achieved his first significant gain by betting against the market during a panicky period of the economy.

In the past few months, you guys must have seen some hopium feeding charts in the form of On-chain data or market cycle patterns on your timeline.

The question is, do these market cycle patterns work?

A detailed thread 🧵 The pattern of market cycles

By understanding the pattern of market cycles including the historical data, the driving forces, and the function of psychology investors/traders can avoid frequent mistakes while positioning their portfolios for success.

1/

Introduction to Andrew’s Pitchfork 🧵

Andrew’s pitchfork is not very popular like the other tools but I have used it for several years and it works like a gem.

Let's get started.

1/ Andrew's Pitchfork is used to determine a potential trading range for an asset's price when it is in an uptrend or downtrend, and also to forecast when an asset is going to reverse its direction.

•History
•The median line theory
•The Pitchfork
•Schiff Pitchfork
•Trading

2/

If you are new in the game, this thread is going to help you a lot.

Q? There are four fears that you will go through:

•Fear of being wrong
•Fear of losing money
•Fear of leaving money on the table
•Fear of missing out

🧵 Q? For every trade that you are going to take, you will have 2 decisions associated with it:

•Should I Long or Short
•How much money should I bet

The Future of Decentralized Exchanges

In this thread🧵I have covered:
•Understanding and working of a DEX
•Types of DEX
•Advantages and Disadvantages of a DEX
•Complications & its future:

1/ Understanding and working of a DEX:

A decentralized exchange (DEX) refers to a peer-to-peer trading platform where there is no central authority and no need for a middleman, allowing for direct user-to-user transactions.

2/

"Your liquidation is their take-profit".

Here in this thread we are going to look how our mind is playing with us. How we create a biased mindset based on TA and how market makers benefit from it.

🧵 Here in this example below we had a proper downtrend and after price broke the structure to upside presenting the best buying opportunity.

In this area your mind will convince you to become a bull because there is so much upside potential.