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Crypto > Charts And Patterns > Flashcards

Charts And Patterns Flashcards

1
Q

Technical indicators

A

EMA

BOLLINGER BANDS

VOLUME

MACD

RSI

ICHIMOKU CLOUD

FIBONACCI RETRACEMENT INDICATOR

BITCOIN DOMINANCE

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2
Q

Bullish chart patterns

A 
Symmetrical triangle 
Ascending triangle 
Inverse head and shoulders 
Cup and handle 
Falling wedge 
Rectangle 
Flag 
Pennant 
Double bottom
Triple bottom
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3
Q

Bearish chart patterns

A 
Symmetrical triangle 
Descending triangle
Head and shoulders 
Inverse cup and handle 
Rising wedge 
Rectangle 
Flag
Pennant 
Double top
Triple top
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4
Q

The golden cross

A

When the 50 day or 20 day MA moves crosses the 200 MA

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5
Q

The death cross

A

When the 50 day or 20 day MA moves below the 200 day MA

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6
Q

Bullish candle stick patterns

A

Bull

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7
Q

Bearish candlestick patterns

A

Bear

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8
Q

Sentiment analysis

A

Trending

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9
Q

The hammer

A

Price closes at top 1/4 of range

Lower shadow or wick is 2 or 3 times the length of the body

Shows the market opened sellers took control and pushed price lower.

At the selling climax huge buying pressure stepped in and pushed the price higher

The buying pressure is so strong it closed above the opening price.

Bullish reversal candlestick shows rejection of lower prices

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10
Q

Bullish engulfing

A

Strong buying pressure stepped in and closed above the previous candles high

Hammer is usually a bullish engulfing pattern on the lower timeframe

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11
Q

The piercing pattern

A

Closes within the body of the previous candle. Half way

Not as strong and bullish engulfing

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12
Q

Tweezer bottom

A

Occurs after a decline in price

First candle shows rejection of a lower price. Red

Second candle retests the low of the previous but closes higher.

Sellers tried twice to push price lower but both times met resistance

Difficulty trading lower after two attempts and likely to heat higher

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13
Q

Morning start 3 candle

A

First candle bearish close

Second candle has a small range

Third candle closes aggressively higher (more than 50 % of the first candle

First candle shows sellers are in control and price closes higher

Second candle there is indecision. Markets both selling and buying. Equal pressure

Third candle buyers won the battle

In short the morning start tells you sellers are exhausted and the buyers are momentarily in control

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14
Q

Trading using candle stick patterns

A

Don’t trade in isolation

If the market is rendering higher wait for a pullback to support

When it’s at support then wait for a bullish reversal pattern

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15
Q

Shooting star

A

Bearish candle opposite of the hammer

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16
Q

Bearish engulfing

A

Big red dildo

17
Q

Dark cloud cover

A

Bearish version of the piercing pattern

18
Q

Tweezer top

A

Bearish version of the tweezer top

Difficulty trading higher after two attempts and likely to trade lower

19
Q

Evening start

A

Bearish version of the shooting star

First candle bullish close

Second candle small range

Theirs candle closes aggressively lower

Buyers are exhausted and sellers momentarily in control

20
Q

Trading with the bearish candles

A

Wait for a test of resistance and then look for bearish candlesticks

21
Q

Candlesticks

A

The length of the wick shows the price rejection

Ratio of the wick and body shows the whole story

22
Q

Indecision candles

A

Spinning top- small body in the middle of wick

Doji - both buying and selling

Dragonfly doji - bullish looks like a long T

Gravestone doji - bearish - Looks like an upside down T

23
Q

Support and resistance

A

Dynamic

24
Q

Market behaviour

A

Accumulation

Advancing

Distribution

Declining

25
Q

Trend lines

A

3 touches constitute a valid trend line

Should be spread out

Longer lines more powerful price will react more forcefully to breaching them

26
Q

The MACD

moving average convergence divergence

A

MACD line - upward or downward momentum- market trend.

Calculated by closing price subtracting the 12 from the 26 ema

Signal line - 9 day EMA of the macd line.

Histogram - graphical representation of the macd and signal line.

27
Q

VWAP

volume weighted average price

A

Bullish when prices above

Bearish when prices below

Sum of price x volume divided by total volume

Average price = high x low x closing price divided by 3

Multiply that price by volume

Crypto (5 decks)

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