From 43bc64081633eccbb095c8399beaca300381175f Mon Sep 17 00:00:00 2001 From: =?UTF-8?q?BT3GL=20/ba=C9=AAt=C9=A1=C9=9D=C9=AB/?= <1130416+bt3gl@users.noreply.github.com> Date: Sun, 5 Jun 2022 16:42:30 -0700 Subject: [PATCH] Update technical-analysis.md --- DeFi/day-trading/technical-analysis.md | 34 ++++++++++++++------------ 1 file changed, 18 insertions(+), 16 deletions(-) diff --git a/DeFi/day-trading/technical-analysis.md b/DeFi/day-trading/technical-analysis.md index 026252f..85cbc04 100644 --- a/DeFi/day-trading/technical-analysis.md +++ b/DeFi/day-trading/technical-analysis.md @@ -208,16 +208,6 @@ * vice versa for a downtrend -### How to trade with trends - -1. Identify the market trends -2. ask where are the main areas of trade -3. where is support and resistance? -4. any chart pattern? -5. make your entry based on the daily trade action -6. is the candlestick telling us that the trade will go in the direction of our trade? -7. is the trade bullish or bearish based of candlestick patterns? - ### Moving averages * SMA: arithmetic mean of prices over a given time period @@ -239,12 +229,24 @@ * can be used to set our stop loss and give the trade some breathing room - - - - - - +---- + + +## How to trade with trends + +1. Identify the market trends +2. Ask where are the main areas of trade + - where is support and resistance? + - any chart pattern? +3. Make your entry based on the daily trade action + - 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/)