- Candlestick: A charting method showing an asset’s price movement, including open, high, low, and close prices for a specific period. It helps identify trends and patterns.
- Support: A price level where demand is strong enough to prevent the price from falling further, often leading to a reversal or consolidation.
- Resistance: A price level where selling pressure prevents the price from rising further, often acting as a ceiling until broken.
- Trend: The overall direction of price movement, categorized as uptrend (higher highs), downtrend (lower lows), or sideways (range-bound).
- Moving Average (MA): A technical indicator that smooths price data over a specified time period, helping identify trends and reversals. Common types include Simple Moving Average (SMA) and Exponential Moving Average (EMA).
- Relative Strength Index (RSI): An oscillator that measures the speed and change of price movements to identify overbought (above 70) or oversold (below 30) conditions.
- Fibonacci Retracement: A tool that identifies potential support and resistance levels by dividing price ranges based on the Fibonacci sequence (e.g., 23.6%, 38.2%, 61.8%).
- MACD (Moving Average Convergence Divergence): A trend-following indicator that shows the relationship between two moving averages to identify momentum and potential reversals.