Understanding the K-line chart is one of the essential skills for cryptocurrency traders!

Hello everyone, I am Teacher J. I will combine the actual explanation to carefully organize the basic knowledge of K-line for novices and give you some possible trading suggestions, so please be patient and read on~

It is better to teach a man to fish than to give him a fish!
In the future, I will continue to update relevant content, including naked K, morphology, technical indicators and other practical techniques.
Whether you are a novice or a veteran, there is always something to learn and review!

You don’t need to learn a lot, but you should learn it well! Please always keep a humble attitude towards the market and maintain a lifelong learning attitude!

This issue explains the full bald K-line in the naked K series. Like and collect this article to help you easily watch the market!

The following is the most popular XRP 1-hour line real-time analysis recently 👇

【AICoin 技术分析入门①】K线图秒懂教程_aicoin_图1


We found 3 completely bald candlesticks (special candlesticks), marked as 1, 2, 3

Step 1: Determine the general trend, sideways, up or down?

It is not difficult to find that the current overall price is wrapped by a long red K-line, that is, it is in a "sideways state", and the bulls and bears are constantly consuming the game.

At the same time, it can be found that during December 4th, an attempt to break through the opening price of the first naked K-line failed.

【AICoin 技术分析入门①】K线图秒懂教程_aicoin_图2Step ②: Since it is sideways, what pressure points are it constrained by?

  1. The overall sideways range falls within the long red K-line with large volume and is wrapped by it.

  2. Local small-scale pressure, shock is established through some special K-lines:

Observe the K-line and draw a horizontal line that can touch as many points as possible, which means that the price has been tested at multiple points and is effective, thus forming pressure, which is the "K-line closing price No. 2" in the figure (draw a horizontal line at its closing price, and you will find that many subsequent points fall precisely at this price, which proves that there is pressure at this special price) and the "K-line opening price No. 3".
The area between these two price levels is a small pressure zone within our oscillation range.

  1. Drawing a line requires constant attempts. The principle is: more points make a line.

    【AICoin 技术分析入门①】K线图秒懂教程_aicoin_图3

Possible actions:

  1. Sideways trading: The large volume of red K short orders has great pressure, and combined with the AICoin chip distribution function, it can also be seen that the pressure level is at 1 o'clock

  2. Long order: wait for the green K to break through the 2-3 range, then place a long order and set your own stop profit and stop loss

  3. Short order: place a short order after reaching 1 point, profit from the volatile market, and set your own stop profit and stop loss


    ⚠Note: The above operation suggestions do not constitute investment advice, and no currency is recommended. Investors are requested to trade rationally within their capabilities!

    There are many fake AICoin websites recently. PleaseOnly look for “.com” domain names!

    I am Teacher J, see you next time!
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