Remco Lemmerlijn @remcomorello - Twitter Profile

15 days ago

Stop treating the 200-day MA like a support level. It's a trend map. A summary of where price has been over 200 days. Most traders wait for it to hold. Sometimes it does. Sometimes price slices straight through. The mistake is asking the wrong question. Don't ask if the 200 MA will hold. Ask if it's rising or falling. Rising 200 MA + price above = bull market environment. Falling 200 MA + price below = bear market environment. That's the environment. Everything else is short-term fluctuation. Moving averages are trend-following tools. Direction is the signal. Level is the noise. Bookmark so you can come back to this anytime.

crypto_birb's tweet photo. Stop treating the 200-day MA like a support level.

It's a trend map. A summary of where price has been over 200 days.

Most traders wait for it to hold. Sometimes it does. Sometimes price slices straight through.

The mistake is asking the wrong question.

Don't ask if the 200 MA will hold. Ask if it's rising or falling.

Rising 200 MA + price above = bull market environment. Falling 200 MA + price below = bear market environment.

That's the environment. Everything else is short-term fluctuation.

Moving averages are trend-following tools. Direction is the signal. Level is the noise.

Bookmark so you can come back to this anytime.

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remcomorello retweeted

Carl Moon 🌙

@carlmoon

about 1 year ago

#Solana has reached our bearish target of $142🎯! Comment below how much money did you make on this short!👇

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remcomorello retweeted

CNBC

@CNBC

about 4 years ago

Forget rate hikes, these analysts are predicting interest rate cuts next year https://t.co/O3XUXRICy9

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CNBC

@CNBC

about 4 years ago

29-year-old early retiree nets $19,000 a month: Here's how she achieved her passive income goals. (via @Grow_mag) https://t.co/vjY60Ivq73

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Who to follow

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remcomorello retweeted

CNBC

@CNBC

about 4 years ago

Can one of the world's most powerful energy companies lower its carbon emissions while keeping up with the demand for oil? @davidfaber takes an exclusive look inside @exxonmobil for a new CNBC original documentary Wednesday, June 22nd at 8P ET on @CNBCPrimeTV!