To trade in cryptocurrencies, it is important to grasp the short-term entry point and identify the short-term bottom characteristics. Today, I will share with you several short-term bottom patterns. I suggest you collect and forward them!
Bottom pattern: the longer the cycle, the better
(1) The bottoming feature of a long lower shadow
After a continuous decline, a cross star or a small positive line with a long lower shadow appears, and the length of the lower shadow is much longer than the length of the K-line body;
(2) The bottoming feature of a large positive line
After a sharp drop, a rising large positive line close to a bald head appears, and the phenomenon of positive enveloping negative occurs, accompanied by a short-term bottoming feature of large volume;
(3) The bottoming feature of a hammer K-line
A hammer K-line refers to a K-line with the highest price equal to the opening price or closing price, and the lower shadow of the K-line is more than twice the K-line body. From the K-line chart, it looks like a hammer with the hammer head on top and the hammer handle facing down. This K-line bottoming pattern does not appear often, but it is relatively effective.
Trading in cryptocurrencies mainly depends on yourself. Once you have learned the technology, it is real dry goods. Then, combined with the market trend, you can experience, understand, and verify, and you will naturally remember it. After a long period of precipitation and accumulation, you may be able to do it with ease.
