diff --git a/defi_and_trading/day-trading/technical-analysis.md b/defi_and_trading/day-trading/technical_analysis/README.md similarity index 91% rename from defi_and_trading/day-trading/technical-analysis.md rename to defi_and_trading/day-trading/technical_analysis/README.md index 85cbc04..2e6bfff 100644 --- a/defi_and_trading/day-trading/technical-analysis.md +++ b/defi_and_trading/day-trading/technical_analysis/README.md @@ -1,8 +1,6 @@ -# Technical analysis +## technical analysis -
- -## What's technical analysis +### tl; dr * uses trading data to analyse and predict price patterns * gives us data points to compare and contrast @@ -15,7 +13,7 @@ --- -## Candlestick charts +### candlestick charts * data rich trading analysis * time and price details @@ -34,7 +32,7 @@
-### Hammer pattern +##### hammer pattern * bullish pattern * sellers drove price lower during the day @@ -51,7 +49,7 @@
-### Shooting star pattern +##### shooting star pattern * bearish pattern * buyers drove price high @@ -65,7 +63,7 @@


-### Bullish engulfing pattern +##### bullish engulfing pattern * bullish pattern * bullish candlestick "engulfed" the bearish candlestick @@ -78,7 +76,7 @@


-### Bearish engulfing pattern +##### bearish engulfing pattern * bearish pattern * bearish candlestick engulfed the bullish candlestick @@ -89,11 +87,12 @@

+
---- -## Chart patterns +### chart patterns * used in conjuction with candlestick charts * longer-term analysis of market movements @@ -102,7 +101,7 @@ * dont tell about longer term trends -### Double top +##### double top * bearish pattern * buyers tried wtice to push price higher @@ -119,7 +118,7 @@


-### Double bottom +##### double bottom * bullish pattern * sellers came in twice @@ -138,7 +137,7 @@
-### Asceding triangle +##### asceding triangle * charts never trade in a straight line * charts trend @@ -152,13 +151,15 @@

+ +
--- -## Trends +### trends * we can't trade from patterns all the time, they are quite rare @@ -168,16 +169,17 @@
-### Asceding wedge - higher lows +##### asceding wedge - higher lows

+
-### Desceding wedge - lower highs +##### desceding wedge - lower highs
@@ -186,7 +188,7 @@


-### Consolidation +##### consolidation * give us a strong area of trade where traders have been before * area in the chart moving sideways @@ -201,19 +203,19 @@


-### Support and resistance +##### support and resistance * support and resistance are simply significant price levels * resistance can become support if a price breaks through that level in an uptrend * vice versa for a downtrend -### Moving averages +##### moving averages * SMA: arithmetic mean of prices over a given time period * EMA: weighted and give more importance to recent prices -### Relative strength index (RSI) +##### relative strength index (RSI) * plots the relative strength of the price compared to previous prices * momentum indicator @@ -221,18 +223,18 @@ * below 30: price is relatively cheap (oversold) * can't predict how the price will change in the future -### Average true range +##### average true range * measure of daily price volatility * tell us the true amount the price could move in a given day * largest probably move for one day based on previous data * can be used to set our stop loss and give the trade some breathing room +
----- +--- - -## How to trade with trends +### how to trade with trends 1. Identify the market trends 2. Ask where are the main areas of trade @@ -242,16 +244,15 @@ - is the candlestick telling us that the trade will go in the direction of our trade? - is the trade bullish or bearish based of candlestick patterns? - -### Trading tools: - -* [Tradingview](https://www.tradingview.com/) -* [Tokenmetrics](https://tokenmetrics.com/) - - - +
+--- + +### resources + +* [tradingview](https://www.tradingview.com/) +* [tokenmetrics](https://tokenmetrics.com/)