Investing in or trading crypto assets comes with a risk of financial loss. The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. DAY TRADING STRATEGY TRADINGVIEW BEST INDICATORS HINDI In this video we. ![]() Normal oscillations will occur within the range of +200 and 200. In this case, the support is stronger than the resistance which provides TWT with a decent advantage of breaking the resistance Technical levels – EMA - Exponential Moving Average Explained - Indicator Explained With TradingView - YouTube. above the 200-EMA, where the RSI should fall below 40 (but not below 25). For calculation three moving averages are taken which are 9 day EMA, 12 day EMA & 26. Conclusion –Īs it can be concluded from the above analysis TWT is currently moving within a narrow consolidation channel which often happens when the price is preparing for a big move while the price is taking support from the 200 EMA when it has not given a close below it since the last 8 months where TWT is also taking resistance from the 100 EMA. RSI – The RSI indicator is currently trading below the median line taking support from the 14 SMA the RSI curve suggests that it might soon start moving toward the supply zone while taking support from the 14 SMA. Arron Meter With Alerts is an indicator to identify the trend, and a meter shows the percentage of AroonUP and AroonDown. ![]() Support and Resistance – TWT is currently taking support from the 200 EMA near the price of $ 1.4149 while its next recent support 8% below the current price is at a level of $1.3214 TWT’s recent resistance is around the price of $ 1.5371 while its next resistance is 30% above the current price around level $1.8000. Here’s how to plot 200 day moving average (on TradingView): And here’s how it looks like: A 200 day moving average chart.
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