1. Moving Averages (MA)
MA line helps smooth the price chart and identify the main trend.
SMA (Simple MA): average price over a time period.
EMA (Exponential MA): emphasizes more on recent values.
Application: Crossover between short-term and long-term MAs is often used to determine buy/sell points.
2. Support & Resistance
Price levels at which price often rebounds or gets rejected.
Support: the price range where buyers are strong.
Resistance: the price range where sellers are strong.
Application: Used to identify potential entry and exit points.
3. Trendlines
A line connecting rising lows or falling highs to identify the general trend.
Uptrend: connecting higher lows.
Downtrend: connecting lower highs.
Application: Easily recognize the main trend and breakout points.
4. RSI Indicator (Relative Strength Index)
Indicator oscillating from 0 to 100 to measure trend strength/weakness.
>70: Overbought → potential reversal down.
<30: Oversold → potential reversal up.
Application: Used to determine trend reversal timing.
5. MACD (Moving Average Convergence Divergence)
Compare two EMA lines to determine momentum.
MACD Line - Signal Line: crossover indicates buy/sell points.
Histogram: shows the strength of the trend.
Application: Extremely popular in confirming trend signals.
6. Candlestick Patterns
Candles reflect market sentiment in a specific time frame.
Bullish patterns: Hammer, Engulfing…
Bearish patterns: Shooting Star, Doji…
Application: Predict reversals or trend continuations.
7. Fibonacci Retracement
Tool for measuring retracement levels in a trend.
Common levels: 38.2%, 50%, 61.8%
Application: Identify potential support/resistance areas when price retraces.
8. Volume Analysis
Volume helps confirm the strength of the trend.
Strong trend: accompanied by increasing volume.
False breakout: often has low volume.
Application: Determine the reliability of technical signals.
9. Bollinger Bands
Three line bands: center MA, and two upper/lower bands based on standard deviation.
Price touches the upper band: may be overbought.
Price touches the lower band: may be oversold.
Application: Recognize volatility and accumulation/distribution phases.
10. Multi-timeframe Analysis
Analyze multiple time frames (1H, 4H, D, W…) simultaneously for a comprehensive view.
Large frame defines the main trend.
Small frame finds precise entry/exit points.
Application: Optimize trading strategies according to market context.
