To earn your first 1 million in the cryptocurrency space, first learn to understand multi-timeframe candlestick charts. Most people lose money because they focus on only one timeframe, leading to confusion in direction, position, and timing.
1. 4-hour: Determine the main direction
Upward trend → Buy on dips
Weakening trend → Sell on rebounds
Sideways → Stay inactive, easy to get chopped up
If the direction is unclear, don't rush into a trade.
2. 1-hour: Find key positions
Trend lines, previous highs and lows, and moving averages are all support/resistance levels.
Look to buy near support and reduce positions or prepare to sell near resistance.
3. 15-minute: Just “pull the trigger”
Only enter when a small timeframe reversal signal appears at key price levels.
Breakouts need to be confirmed by volume; if there’s no volume, it’s a false move.
Combining multiple timeframes is simple:
4-hour for direction → 1-hour for range → 15-minute for signals.
When the three timeframes align, your win rate will naturally be higher.
If the market is uncooperative, stay in cash; don’t force a confrontation with the market.
I’ve used this method for years, and it’s consistently effective. If you’re willing to put in the effort, you will naturally understand what the market is saying.
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