Tamil₿TC -தமிழ்பிடீசி Channel
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#Technicals #Candlestick 📊

👉Just learn the candles name like you print the image in mind😇

👉 Once you identify the candle break it down further to get detailed info about the move

#Bitcoin #Learning

Happy Trading
RSI Simplified📒

🔵Its one of the leading indicator which measures the strength of any move in price
🔵Its an oscillator which moves between two extremes (0—100)

🔵Reading above 70 indicates overbought while below 30 indicates oversold sentiments

#Bitcoin #Technicals

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RSI Simplified📒

Trading Divergences📈

🔵There are 2 type of divergences occurs b/w RSI&Price (Bullish & Bearish)

🔵In Bullish Divergence RSI makes HH-HL while price doesn't do it

🔵In Bearish Divergence RSI makes LH-LL while price doesn't do it.

#BITCOIN #Technicals
Trend Line Simplified📒

🔵A trendline is a straight line that connects two or more pivot points(high/low) to know the direction of a trend
🔵It acts as a line of support or resistance in particular trend
🔵It can be drawn on a chart of any time

#BITCOIN #Technicals
#Technicals #Candlestick 📊

👉Just learn the candles name like you print the image in mind😇

👉 Once you identify the candle break it down further to get detailed info about the move

#Bitcoin #Learning

Happy Trading 😎
3 White Soldiers Simplified 📒

It a pattern consists of 3 long green candles with consecutive closes above previous low

Each candle opens higher than the previous open and closes near the high of the day

It appeares in near the end of downtrend

#Bitcoin #Technicals

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Moving Averages Simplified

🔴Its a technical indicator used by traders to identify trading opportunities
🔴Its a Lagging indicator
🔴2 MAs which traders use more often are..
🔴SMA(Simple moving average) & EMA(Exponential moving average)

SMA

🔴It is calculated by dividing the averages of closing price for certain period by no. of days in that period

🔴Its helps in assessing the bull or bear trend in the market or a stock

🔴Some commonly used SMAs are 200,100,50,20&10 days

#BITCOIN #TECHNICALS

Keep learning and keep eating with us.

Stay tuned and pin our channel at top.
Trend Line Simplified📒

🔵A trendline is a straight line that connects two or more pivot points(high/low) to know the direction of a trend
🔵It acts as a line of support or resistance in particular trend
🔵It can be drawn on a chart of any time

#BITCOIN #TECHNICALS

Keep learning.✌️
Trend Line Simplified📒

🔵 There are 3 types if trend
Bullish, Bearish & Sideways

🔵A trendline should be drawn by connecting minimum 2 lows or highs to know the supports & resistance in the prevailing trend

🔵Trend changes If any coin breaks the trend line decisively

#BITCOIN #Technicals

Keep learning with us.✌️

Stay tuned for more upcoming updates.