Understanding K-lines reveals some ways to make money in the cryptocurrency world
Many people repeatedly fall into traps; the problem lies in only looking at one line and rotating within one cycle
The method I have used for five years is not difficult; it is simply viewing several K-lines across multiple cycles simultaneously, and determining direction, position, and timing in three steps
First, look at the four-hour line; this sets the direction.
The cycle is long enough to avoid short-term noise. If both the highs and lows are moving upwards, that indicates an uptrend, and you should look for opportunities to buy low
If both the highs and lows are continually moving downwards, that indicates a downtrend, and rebounds should be considered for shorting; if it is moving sideways within a range, then don’t fumble around; this kind of fluctuation is most likely to lead to losses on both sides
Remember, following the trend gives you a chance of winning; going against the trend is basically like giving away money
Next, look at the one-hour line; this is where you find key positions
Once the overall direction is set, use it to identify support and resistance. Areas close to trend lines, moving averages, or previous lows are often potential entry points; conversely, when approaching previous highs or important resistance areas, you should consider taking profits or reducing positions
Finally, look at the fifteen-minute line; this is where you pull the trigger
This cycle does not focus on the trend, but rather on precise entry signals. For example, when a engulfing pattern, bullish divergence, or a sudden increase in volume appears at key price levels, that is when it’s time to act. Don’t rush if there are no signals; many breakouts are just false moves
How to coordinate specifically?
First, use the four-hour line to determine the general long or short direction, then use the one-hour line to outline the approximate entry area, and finally wait for the fifteen-minute line to provide a clear signal before acting
If there are conflicting directions across several cycles, it is better to stay in cash and wait rather than taking uncertain positions
Small cycle fluctuations are fast, so always set stop losses to avoid repeated losses. Coordinating direction, position, and timing is much more stable than blindly guessing at the screen
The market never lacks opportunities; what it lacks is the eye to understand the rhythm
You don’t lack opportunities; you only lack direction. @阿宇说币 cannot stand alone; a solitary sail cannot travel far
