Developyoung
@DevelopYoung
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Free Educational Trading Resources || Basic Trading Concepts for Starters
Joined June 2020
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We would like to share our WOO Network Technical Analysis. Feel free to discuss the analysis in the comments!
TLDR: We strongly believe that WOO has a lot of upwards potential in the coming weeks.
$WOO
#WOO
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Risk management is one of the three central pillars of trading, along with strategy and psychology. Without solid risk management, losses will start to build up.
#Trading
#Riskmanagement
#Education
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@krakenfx
Why did the Bitcoin break up with the Ethereum on Valentine's Day?
Because it didn't think it could handle another hard fork.
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One week after our WOO Technical Analysis:
+ WOO Gained around 40% from $0,16 to $0,25
+ With a strong and promising weekly close
- WOO failed to flip $0,22 after taking the highs
We do still believe that WOO will retest $0,33 (HTF range low) in the coming weeks.
$WOO 🫡
We would like to share our WOO Network Technical Analysis. Feel free to discuss the analysis in the comments!
TLDR: We strongly believe that WOO has a lot of upwards potential in the coming weeks.
$WOO
#WOO
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Will VeChain bounce from the Monthly Support level?
𝐘𝐞𝐬: like this tweet ♥️
𝗡𝗼: share your thoughts in the comments
$VET
#VeChain
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What is Tradingview?
Tradingview is the home for traders. Tradingview is a charting platform and social network used by 30M+ traders and investors worldwide to spot opportunities across global markets.
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What do the WOO bulls think about our analysis? 🧲
@Marty_cFly
@WOO_Dad
@WOOintern
@whenjontweets
@UVtho
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The market structure is the framework or structure that any given market is currently trading in.
- Bearish Market Structure
- Bullish Market Structure
- Neutral Market Structure
#Trading
#Bitcoin
#Marketstructure
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BULLISH MARKET STRUCTURE EXPLAINED
A bullish structure is defined by a series of higher highs (HH) and higher lows (HL). The trend continues in the same direction until the asset price records a lower low (LL).
#Trading
#DevelopYoung
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The more you know about the markets, the more you need to know about the markets.
#Trading
#Learning
#Marketpsychology
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Discover the world of trading with ! Learn about technical analysis, indicators, and more to level up your skills. 📈💡
#TradingEducation
#TechnicalAnalysis
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History repeats itself: technical analysts believe that price action is repetitive, with specific patterns reoccurring. This is because, given similar market situations, investors collectively repeat the emotions and behaviours exhibited by the investors that preceded them.
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Trading is a mental game. You have to find order in the chaos of the market. Master your mindset and trading strategy with our market psychology content.
WEBSITE COMING SOON!
#Trading
#Psychology
#Bitcoin
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How long will Bitcoin stay below the 200 EMA?
📍The longest period we stayed below the 200 EMA (Weekly chart) was in Nov '18
#Bitcoin
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If you're new to trading you should avoid every form of paid group or paid content. People like
@CryptoCred
,
@BabyPips
, and many more explain it for free.
An inspiration to us. More to come!
#Trading
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Ranges give you a brief overview of possible areas where the market could move during a period of time. If you know how to identify and read ranges, it can be a great tool for your trading strategy.
#Trading
#PriceAction
#DevelopYoung
#Range
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Give it some love!
#trading
#support
#resistance
#priceaction
#bitcoin
#forex
#stocks
#crypto
#technicalanalysis
Support & Resistance
Trading support and resistance levels are two of the most used trading tools. Both the support and resistance levels are used to identify price points on a chart where there is an expectation of a reaction from the market.
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#Trading
#DevelopYoung
#PA
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WOO Weekly Technical Analysis 📅
After a huge upwards movement WOO formed a rangebound environment where WOO ranged for a while. In May WOO broke the range low and retraced to the old ATH.
WOO bounced from the old ATH which resulted in a beautiful weekly close.
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Let us know what you think of the analysis and conclusions!
Show us some love and let us know what token we should analyse next!
♥️
We would like to share our WOO Network Technical Analysis. Feel free to discuss the analysis in the comments!
TLDR: We strongly believe that WOO has a lot of upwards potential in the coming weeks.
$WOO
#WOO
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WOO 4-Hour Technical Analysis📅
WOO is in an upward trend with a clean structure. The price is around 70% up from the lows since June 13. A few per cent above the current price you see equal highs.
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The market structure is the framework or structure that any given market is currently trading in.
- Bearish Market Structure
- Bullish Market Structure
- Neutral Market Structure
#Trading
#Bitcoin
#Marketstructure
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WOO 4-Hour Conclusion✍️
▫️ We expect WOO to take the equal highs before a potential retrace
▫️ To hold the upward structure, WOO should bounce around the old low (red line)
▫️ If that happens, 0.22 cents is next
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RELATIVE STRENGTH INDEX DIVERGENCES
Divergences occur when an asset makes a new high or low but RSI does not make a corresponding high or low. There are two kinds of divergences:
- Bullish Divergences
- Bearish Divergences
#Trading
#RSI
#DevelopYoung
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Support & Resistance
Trading support and resistance levels are two of the most used trading tools. Both the support and resistance levels are used to identify price points on a chart where there is an expectation of a reaction from the market.
1/n
#Trading
#DevelopYoung
#PA
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WOO Daily Conclusion✍️
▫️ We expect WOO to either retest the "bounce area" or to flip the red line
▫️ If WOO breaks above 0.22 cents, we expect WOO to go to 0.30 cents quickly
▫️ If the Daily closes below the "bounce area" we expect a retest of the old ATH
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WOO Daily Technical Analysis📅
The breakdown of the range caused a lot of sell pressure for WOO. After multiple red days, WOO found support and traded below the low for a week. Followed by a strong bounce above the low.
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