Technical Analysis
When to use this skill
Use when the user asks about:
- Analyzing a token's price chart or trend
- Identifying support and resistance levels
- Evaluating momentum indicators (RSI, MACD, etc.)
- Recognizing chart patterns (head and shoulders, triangles, etc.)
- Determining entry/exit points for a trade
- Assessing whether an asset is overbought or oversold
Analysis Framework
1. Trend Identification
Establish the macro context first:
- Primary trend (weekly/monthly): Bull, bear, or sideways
- Secondary trend (daily): Direction and strength within primary trend
- Short-term trend (4h/1h): Immediate momentum direction
- Trend confirmation: Are higher timeframe and lower timeframe aligned?
- Use moving averages (20 EMA, 50 SMA, 200 SMA) to confirm trend direction
2. Support and Resistance
Identify key price levels:
- Historical support: Previous swing lows with significant volume
- Historical resistance: Previous swing highs and rejection zones
- Psychological levels: Round numbers (e.g., $50K BTC, $2K ETH)
- Moving average support/resistance: Price interaction with 50/200 SMA
- Volume profile: High-volume nodes act as support/resistance (VPVR)
- Fibonacci retracement levels: 0.236, 0.382, 0.5, 0.618, 0.786 from recent swing
3. Indicator Analysis
Apply and interpret key indicators:
Momentum:
- RSI (14): Below 30 oversold, above 70 overbought; check for divergences
- MACD: Signal line crossovers, histogram momentum, zero-line position
- Stochastic RSI: Fast momentum shifts in ranging markets
Trend strength:
- ADX: Below 20 weak trend, above 25 trending, above 50 strong trend
- Moving average spacing: Expanding MAs = strengthening trend
Volume:
- Volume confirmation: Moves on rising volume are more reliable
- Volume divergence: Price up but volume declining = weakening momentum
- OBV (On-Balance Volume): Cumulative volume direction
4. Chart Pattern Recognition
Identify and assess common patterns:
- Reversal patterns: Head and shoulders, double top/bottom, rising/falling wedge
- Continuation patterns: Flags, pennants, ascending/descending triangles
- Measured move targets: Calculate pattern target using the pattern's height
- Confirmation: A pattern is not valid until the neckline/boundary breaks with volume
5. Multi-Timeframe Confluence
A setup is stronger when multiple timeframes agree:
- Weekly: Establishes the dominant trend and key macro levels
- Daily: Identifies intermediate structure and patterns
- 4h/1h: Fine-tunes entry and exit timing
- A bullish setup on the 4h chart within a weekly downtrend is lower probability
6. Output Format
Present the analysis as:
- Asset: Token and pair analyzed
- Timeframe: Primary timeframe of analysis
- Trend: Bullish / Bearish / Neutral with confidence level
- Key support levels: List 2-3 in order of importance
- Key resistance levels: List 2-3 in order of importance
- Indicators summary: RSI, MACD, volume assessment
- Pattern identified: If any, with target and invalidation
- Bias: Long / Short / Neutral
- Key levels to watch: Specific prices that would confirm or invalidate the thesis
- Disclaimer: Technical analysis is probabilistic, not predictive. Always use risk management.
1---2name: technical-analysis3description: Perform technical analysis on crypto assets using price action, chart patterns, indicators, and volume analysis to identify trading opportunities and key support/resistance levels.4license: MIT5---67# Technical Analysis89## When to use this skill1011Use when the user asks about:12- Analyzing a token's price chart or trend13- Identifying support and resistance levels14- Evaluating momentum indicators (RSI, MACD, etc.)15- Recognizing chart patterns (head and shoulders, triangles, etc.)16- Determining entry/exit points for a trade17- Assessing whether an asset is overbought or oversold1819## Analysis Framework2021### 1. Trend Identification2223Establish the macro context first:24- **Primary trend** (weekly/monthly): Bull, bear, or sideways25- **Secondary trend** (daily): Direction and strength within primary trend26- **Short-term trend** (4h/1h): Immediate momentum direction27- **Trend confirmation**: Are higher timeframe and lower timeframe aligned?28- Use moving averages (20 EMA, 50 SMA, 200 SMA) to confirm trend direction2930### 2. Support and Resistance3132Identify key price levels:33- **Historical support**: Previous swing lows with significant volume34- **Historical resistance**: Previous swing highs and rejection zones35- **Psychological levels**: Round numbers (e.g., $50K BTC, $2K ETH)36- **Moving average support/resistance**: Price interaction with 50/200 SMA37- **Volume profile**: High-volume nodes act as support/resistance (VPVR)38- **Fibonacci retracement levels**: 0.236, 0.382, 0.5, 0.618, 0.786 from recent swing3940### 3. Indicator Analysis4142Apply and interpret key indicators:4344**Momentum**:45- RSI (14): Below 30 oversold, above 70 overbought; check for divergences46- MACD: Signal line crossovers, histogram momentum, zero-line position47- Stochastic RSI: Fast momentum shifts in ranging markets4849**Trend strength**:50- ADX: Below 20 weak trend, above 25 trending, above 50 strong trend51- Moving average spacing: Expanding MAs = strengthening trend5253**Volume**:54- Volume confirmation: Moves on rising volume are more reliable55- Volume divergence: Price up but volume declining = weakening momentum56- OBV (On-Balance Volume): Cumulative volume direction5758### 4. Chart Pattern Recognition5960Identify and assess common patterns:61- **Reversal patterns**: Head and shoulders, double top/bottom, rising/falling wedge62- **Continuation patterns**: Flags, pennants, ascending/descending triangles63- **Measured move targets**: Calculate pattern target using the pattern's height64- **Confirmation**: A pattern is not valid until the neckline/boundary breaks with volume6566### 5. Multi-Timeframe Confluence6768A setup is stronger when multiple timeframes agree:69- Weekly: Establishes the dominant trend and key macro levels70- Daily: Identifies intermediate structure and patterns71- 4h/1h: Fine-tunes entry and exit timing72- A bullish setup on the 4h chart within a weekly downtrend is lower probability7374### 6. Output Format7576Present the analysis as:77- **Asset**: Token and pair analyzed78- **Timeframe**: Primary timeframe of analysis79- **Trend**: Bullish / Bearish / Neutral with confidence level80- **Key support levels**: List 2-3 in order of importance81- **Key resistance levels**: List 2-3 in order of importance82- **Indicators summary**: RSI, MACD, volume assessment83- **Pattern identified**: If any, with target and invalidation84- **Bias**: Long / Short / Neutral85- **Key levels to watch**: Specific prices that would confirm or invalidate the thesis86- **Disclaimer**: Technical analysis is probabilistic, not predictive. Always use risk management.
nirholas