boll
867 views
2 Discussing
Hot
Latest
📈 #ME /usdt Daily Chart Analysis – Strong Reversal Signal Incoming? 🚨🔥*
A powerful green candle just broke through the *middle Bollinger Band*, aiming for the upper band – a clear sign of strong buying pressure! 📊🚀
💡 *Bottomed at: 0.710* – Now climbing rapidly!
🔹 *RSI(6): 71* – Entering overbought territory
🔹 *MACD* turning bullish with green bars emerging
This looks like a classic *V-shaped recovery*, often followed by momentum continuation! 📈
🎯 *Target zone:*1.11+ possible if momentum holds, but be cautious – RSI is high, so *short-term pullbacks* may occur. ⚠️
I’m staying realistic but signs are clear. What’s your take on ME/USDT? Drop your thoughts below! 👇💬
#ME #Binance #boll #RSI
A powerful green candle just broke through the *middle Bollinger Band*, aiming for the upper band – a clear sign of strong buying pressure! 📊🚀
💡 *Bottomed at: 0.710* – Now climbing rapidly!
🔹 *RSI(6): 71* – Entering overbought territory
🔹 *MACD* turning bullish with green bars emerging
This looks like a classic *V-shaped recovery*, often followed by momentum continuation! 📈
🎯 *Target zone:*1.11+ possible if momentum holds, but be cautious – RSI is high, so *short-term pullbacks* may occur. ⚠️
I’m staying realistic but signs are clear. What’s your take on ME/USDT? Drop your thoughts below! 👇💬
#ME #Binance #boll #RSI
See original
In #Binance and other exchanges, the charts include technical indicators that help analyze trends, volume, and market strength. They are divided into primary (following the trend) and secondary (measuring the strength or volume of the movement). Here are their explanations with real-life examples (part 1).
Primary indicators (trend)
These tell you where the price is moving and help detect trends:
1. #MA (Simple Moving Average)
Averages the prices of a given period (e.g., 10 days).
Example: Like calculating your average food spending over the last 10 days to see if you're spending more or less.
2. #EMA (Exponential Moving Average)
Similar to the MA, but gives more weight to recent prices.
Example: It's like when planning a trip, you focus more on gas prices from the last few days rather than the average for the whole month.
3. #BOLL (Bollinger Bands)
Three lines: one central (MA) and two outer that show volatility.
Example: Like seeing how unpredictable traffic is. If the roads are clear (narrow bands), there is less variability; if they are congested (wide bands), there is more chaos.
4. #SAR (Parabolic Stop and Reverse)
Shows possible trend changes with points above or below the price.
Example: Like traffic lights on a street. If you see many red lights in a row, you might need to change your route.
Primary indicators (trend)
These tell you where the price is moving and help detect trends:
1. #MA (Simple Moving Average)
Averages the prices of a given period (e.g., 10 days).
Example: Like calculating your average food spending over the last 10 days to see if you're spending more or less.
2. #EMA (Exponential Moving Average)
Similar to the MA, but gives more weight to recent prices.
Example: It's like when planning a trip, you focus more on gas prices from the last few days rather than the average for the whole month.
3. #BOLL (Bollinger Bands)
Three lines: one central (MA) and two outer that show volatility.
Example: Like seeing how unpredictable traffic is. If the roads are clear (narrow bands), there is less variability; if they are congested (wide bands), there is more chaos.
4. #SAR (Parabolic Stop and Reverse)
Shows possible trend changes with points above or below the price.
Example: Like traffic lights on a street. If you see many red lights in a row, you might need to change your route.
Login to explore more contents