๐ง๐ต๐ฒ ๐๐ฟ๐๐ฝ๐๐ผ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐๐ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ ๐๐ฐ๐๐ถ๐ผ๐ป
The chart on your screen displays the price movements of a cryptocurrency coin, providing universal tools or indicators that can be applied to various coins as needed.
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Video information:
๐๐ฒ๐ฟ๐ฒ'๐ ๐ต๐ผ๐ ๐ถ๐ ๐ฐ๐ฎ๐ป ๐ฒ๐ป๐ต๐ฎ๐ป๐ฐ๐ฒ๐ ๐๐ผ๐๐ฟ ๐๐ฟ๐ฎ๐ฑ๐ถ๐ป๐ด ๐ฒ๐ ๐ฝ๐ฒ๐ฟ๐ถ๐ฒ๐ป๐ฐ๐ฒ:
๐๐ซ๐ข๐๐ ๐๐ง๐ ๐๐ข๐ฏ๐๐ซ๐ ๐๐ง๐๐ ๐๐๐ญ๐๐๐ญ๐ข๐จ๐ง: You see the price of the coin alongside indicators that highlight when the price diverges from market momentum. This can signal potential reversals, such as when the price hits new lows or highs, but momentum indicators don't follow, suggesting a weakening trend.
๐๐ซ๐๐ง๐ ๐๐๐๐ง๐ญ๐ข๐๐ข๐๐๐ญ๐ข๐จ๐ง: The chart uses adaptive moving averages to spot changes in the coin's price trend, marking entry points for trades with visual cues like triangles. This helps determine when to consider going long or short based on price movements relative to these averages.
๐๐ซ๐ข๐๐ ๐๐๐ซ๐ ๐๐ญ๐ฌ ๐๐ง๐ ๐๐ข๐ฌ๐ค ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ: It automatically calculates and shows potential profit-taking levels and stop-loss points based on the coin's price. This visual aid helps in planning where to aim for profits or set loss limits, with dynamic updates as market conditions change.
๐๐๐ญ๐ญ๐๐ซ๐ง ๐๐๐๐จ๐ ๐ง๐ข๐ญ๐ข๐จ๐ง: Beyond just price, the chart recognizes and classifies various chart patterns that could influence trading decisions. It identifies patterns indicating potential upward or downward price movements, offering a balanced view for strategic trading.
๐๐จ๐ฆ๐๐ง๐ญ๐ฎ๐ฆ ๐๐ง๐ ๐๐จ๐ง๐๐ฒ ๐ ๐ฅ๐จ๐ฐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: By integrating market momentum indicators with an analysis of money flow, the chart gives you a dual perspective on the coin's market sentiment and valuation. This is key for understanding direction and the strength behind price movements.
๐๐๐๐ฅ-๐๐ข๐ฆ๐: As the coin's price fluctuates, the chart updates in real-time, offering immediate feedback on trends, potential reversals, and when targets or stop levels are impacted. This real-time information is crucial for making timely trading decisions.
BOTTOM HALF OF CHART
GREEN DOT: Indicates a potential buying opportunity, especially when combined with other bullish signals from other indicators.
RED DOT: Suggests a selling opportunity when bearish signals align across the indicators.
MOMENTUM WAVES: Look for bullish (light wave above dark) or bearish (light below dark) crossovers, and divergences for reversal signals.
PURPLE TRIANGLE: Highlights divergences, crucial for spotting potential trend reversals.
OTHER: Money flow, overbought/oversold lines, and the lines provide additional momentum and trend analysis contexts.
GAINS: Yearly percentage of the cryptocurrency coin. Every coin varies on the amount of time its been around.
TOP HALF OF CHART
WAVE TREND: Identifies the primary trend direction; bullish above zero, bearish below.
RSI: Signals potential reversals when entering overbought or oversold territories.
MONEY FLOW: Confirms trends by showing where money is moving, supporting or contradicting other signals.
DOTS: Green for major buy signals, red for major sell signals, especially potent when aligned with other indicators.
TREND DIRECTION: Uses adaptive SMAs to signal trend changes.
UP TRIANGLE: Marks buying opportunities when the price moves above the trend band.
DOWN TRIANGLE: Indicates selling points when the price falls below the trend band.
PRICE TARGETS: Automatically plots three potential profit targets, helping visualize exit points.
PATTERN RECOGNITION: Identifies chart patterns (harmonic, reversal, Elliott Waves) that could suggest future price movements.
BI-DIRECTIONAL: Gives signals for bullish and bearish patterns, enhancing strategic entry and exit points.
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