๐—ฐ๐˜†๐—ฐ๐—น๐—ผ๐—ฝ
๐—ฐ๐˜†๐—ฐ๐—น๐—ผ๐—ฝ

@nobrainflip

23 Tweets 1 reads May 31, 2024
Following the cycles, this bull run should last for another 1.5 year.
Mastering the indicators can be ur key to 100x on ur portfolio, but only few know how to use them correctly.
Hereโ€™s my mega-thread: 15 best indicators & how to use them to win in crypto ๐Ÿ‘‡๐Ÿฝ
Before I begin, I have a favor to ask...
I spent a lot of time writing this thread, trying to make it genuinely useful for you, so if it's not too much trouble, please bookmark it, retweet, leave a comment, or simply hit like ๐Ÿค
โžฎ In this thread, we will analyze the 15 best indicators that will help you succeed in crypto
Indicators are divided into the following types:
- Trend indicators
- Momentum indicators
- Volume indicators
Now let's dive into the best indicators from each type๐Ÿ‘‡
1/โžฎ Moving Average (MA)
โœง The Moving Average indicator calculates the average price over a set number of candles, smoothing price action by filtering out short-term fluctuations
Disclaimer:
I'll likely make my X and TG private soon, so make sure to follow me here and join my tg (link in bio), so u won't miss this and my future threads.
2/โžฎ Relative Strength Index (RSI)
โœง The RSI, a momentum indicator, measures price changes over 14 days, ranging from 0 to 100
โœง 70< = overbought conditions, likely indicating a price drop, while <30 suggests oversold, hinting at pump
3/โžฎ Average True Range (ATR)
โœง Measures volatility by calculating an asset's range over a period, typically 14 days
โœง In crypto, it helps set stop-losses: a high ATR means more volatility and wider stop-losses; a low ATR suggests less volatility and tighter stop-losses
4/โžฎ Fibonacci Retracement
โœง Fibonacci retracement levelsโ€”38.2%, 50%, and 61.8%โ€”stem from the Golden Ratio
โœง They indicate potential support & resistance levels, might rebound or reverse in a trend
โœง Detailed guide:
x.com
5/โžฎ Awesome Oscillator
โœง The Awesome Oscillator measures market momentum using the difference between the 34 and 5-period simple moving averages, calculated from the midpoint of the bar, not the opening or closing prices.
6/โžฎ Bollinger Bands
โœง Consist of a central ma with upper/lower bands showing volatility
โœง Narrow bands indicate low volatility, while wider ones suggest high volatility
โœง Traders use them to identify overbought or oversold conditions and predict major price moves
7/โžฎ Volume Rate of Change (VROC)
โœง Tracks rapid changes in volume to identify breakouts & confirm trends
โœง Sharp volume increase without price change often predicts major price movements
โœง Rising VROC with price suggests bullish trends
8/โžฎ Stochastic Oscillator
โœง The Stochastic Oscillator ranges from 0 to 100, measuring price momentum
โœง In crypto, a rise above 80 followed by a drop signals a sell, while dipping below 20 and then rising hints at a buy, useful for spotting market reversals.
9/โžฎ Ichimoku Kinko Hyo
โœง The Ichimoku Indicator combines moving averages to form a cloud that predicts future support and resistance levels
โœง Unlike conventional averages that use closing values, Ichimoku calculates using midpoints of each period.
10/โžฎ On Balance Volume (OBV)
โœง OBV in crypto aggregates buy/sell volumes to forecast price trends and gauge market sentiment
โœง A rising OBV suggests increased buying and potential uptrends; a falling OBV signals rising selling pressure and likely downtrends
โœง Discrepancies between price trends and OBV can indicate weak trend support
11/โžฎ Chaikin Oscillator (CHO)
โœง Measures momentum by subtracting a 10-day EMA from a 3-day EMA of the accumulation-distribution line, reflecting oscillations around it
โœง A positive reading suggests net buying pressure, while a negative indicates selling pressure
12/โžฎ Average Directional Index (ADX)
โœง The ADX is a momentum indicator that measures the strength of a price trend, including in cryptocurrencies
โœง It suggests trading in strong trends to increase profit chances and reduce risks
13/โžฎ Directional Movement Index (DMI)
โœง Directional Movement (DMI) combines three indicators: ADX measures trend presence, +DI and -DI gauge trend direction
โœง Together, they assess a trendโ€™s strength and direction, aiding technical analysis
14/โžฎ Moving Average Convergence Divergence (MACD)
โœง The MACD in crypto displays the relationship between two EMAs, including the MACD line, signal line, and histogram
โœง Crossovers above the signal line suggest bullish trends and buy signals, while below signal bearish trends and sell opportunities
โœง The gap between the lines indicates trend strength
15/โžฎ Aroon Indicator
โœง The Aroon indicator identifies trend changes and strength by measuring the time between highs and lows
โœง It includes the "Aroon up" line for uptrend strength and "Aroon down" for downtrend strength, signaling when new highs or lows occur
And finally, I want to add:
- Indicators are not a cure-all, and I use them only to find better entry, but definitely not to determine which asset to buy.
- Don't use 10 indicators at once; it will only create noise on the chart. Find 2-4 that work for you and stick with them.
I've created a Free Discord Server where u can find everything u've been missing in crypto:
โœง Community & mentorship
โœง Free airdrop software
โœง Shitcoin & NFT calls
โœง Daily news and airdrop to-do list
โœง Giveaways & WL raffles
Join for free
โžฎ My TG channel has become too large to drop lowcaps and other moves with a small number of users, so I'll make it private very soon. Now is likely ur last chance to join:
t.me
โžฎ Liked this thread? I write educational threads daily, so don't forget to:
โœง Follow me @nobrainflip
โœง Join my tg t.me
โœง Like, RT, bookmark and leave a comment on the first tweet ๐Ÿ‘‡
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