PC/Web Binance Kent indicator setting instructions

First release this PC version, and then release the mobile version.
First of all, it should be noted that Kent is a counter-trend indicator, which means that it is a left-side transaction, low-long-high-short. This is a trade against the market trend, so there are still risks. You must bring a stop loss, must bring a stop loss, must bring a stop loss! ! !

First, we switch to the K-line chart, then click to switch to TV and then click on technical indicators, search for keywords: kc, and then click twice, you can see that 2 kc indicators appear in the upper right corner. Then click on the small gear and click on settings. Change the parameters to: length 50, multivariate 2.75 and 3.75 respectively, and then cancel the middle track in the style setting of 3.75 (click the previous check mark), and then you get a channel indicator similar to the Bollinger band. The color can be adjusted according to your preferences.
Then it should be noted that multivariate 2.75 is kc1, narrow frequency. The multi-3.75 is kc2, broadband, and kc1 and kc2 will be used to explain the current position in the future.
For intraday trading and ultra-short-term trading, you can choose 15-minute and 30-minute level charts. For mid-term trading, look at 1-hour and 4-hour level charts. For long-term trading, look at 4-hour and daily level charts.
The trading logic is as follows:
For the logic of entering more, if you want to be stable, you can enter more when the k-line falls from top to bottom, breaks through kc1 to reach kc2, and pulls back to the lower track of kc1 again. If you are more aggressive, you will enter more after breaking through kc2 and forming a new support below. If you want to be stable, open more at the lower track of kc1, then the stop loss is the price of the lower track of kc2. If it is an aggressive approach, stop loss at 0.3~0.5% below the opening price. If you want to be stable, you can stop profit at 50% of the middle track price and stop profit at all upper track prices.
The logic of going short, if you want to be stable, when the K line rises from bottom to top, breaks through KC1 to KC2, and falls below KC1 again, go short. Take profit at 50% of the middle track price, and take profit at all of the lower track price. In fact, I don’t need to explain so much. After you match this indicator, you should be able to see the current price operation immediately, and compare it with the wrong order you opened before, you will immediately find out how unreliable the position you entered is.study hard, improve every day!

2024/12/22 Daily Perspective

Today is the weekend, and trading volume is sluggish, which is also somewhat related to the eve of Christmas. The major selling pressure has ended, but the buying volume is weak, resulting in a lack of vitality in the overall market.
Although Bitcoin has not broken its support level, it has already broken its slope and is currently in a negative slope state. For those near previous lows without positions, it is not recommended to enter the market now; it's better to wait for a recovery to a positive slope and then enter the market at the line, which is more prudent than trying to catch a rise now.
Ethereum is still holding onto its slope line, although its positive slope is precarious, it can still be counted as a positive slope for now.
Litecoin has impatiently started its own independent "bear market" trend, with a negative slope and broken support. For those who have not entered Litecoin near the previous lows, it's best to wait before entering the market; it currently has an air of being "deep and unfathomable."
On the weekend, it's better not to force opportunities for trading; instead, relax, spend time with family, go shopping, and get a good night's sleep, which is better than losing money to market manipulators.

2014/12/22 Early Morning Insights
Currently, the major currency is still on a positive slope at the 4-hour level.
However, the resistance level above has decreased...
After a day of effort, altcoins were once again dragged down by the major currency's decline...
So, for those who missed yesterday's positions, do not chase high or bottom out...
Moreover, some altcoins that feel like they haven't been washed out enough have even dropped to new lows...

I still hold the same view: it's okay to miss out a bit; try to enter the market only after the major currency stabilizes and the market becomes clearer...
Otherwise, chasing high and getting stuck can be quite painful; even with SUI being so strong, it has retraced nearly 7%...
Other altcoins are once again bleeding heavily...

In such a market, sometimes it's worth asking yourself: do you really need to participate?

2024-12-21 Nightline Ethereum Viewpoint
Ethereum finally failed to break through and started to fall back. The test of top and bottom exchange just now failed. There is only one position below at 3328-3330. If it can't hold here, there is no bottom, and the previous low may not be the bottom.
I hope you noticed this at 3450, and I hope you left at 3400...

If the pancake changes lines at 12 o'clock and cannot receive above 97800, then if it goes down again, 970 is probably not going to hold. The levels below are: 963-957-953, and once it breaks below 950, it cannot be bought long anymore. There is a high probability of a rapid decline. Then we will need to observe around 930. This period of rise did not have any consolidation, so the decline is also difficult to stop. Just observe, there's no need to rush in.

2024/12/21 Nightline View
There was not much trading volume over the weekend, and the resistance range dropped to 987-10668. The big cake needs to close above 978 to resume the bullish trend. Or it can re-bottom at 970-975.
Below 970 is 963, and the death line is 951. If it falls below 951, the previous low may no longer be the bottom.
But I don’t think we need to be so pessimistic. It has risen by nearly 10,000 points, and it is normal to have a retracement of several thousand points.
Those who bought the bottom yesterday can wait and see. If the chips are not suitable, it is better to change positions than to resist hard.
It is not recommended to chase high and enter more, but to enter the market by the slope line when it falls back, that’s what it means.
At present, the slope line of the big cake has broken. It is best to wait and see for a while before entering more, and wait for the closing at 12 o’clock to see the closing situation.
It’s okay to miss a little, just don’t get trapped.

2024-12-21 Ethereum Daily Perspective
I just forgot to mention Ethereum earlier, and since I can't edit, I'm opening a separate post.
Currently, Ethereum is in the resistance zone similar to Bitcoin, which ranges from 3520 to 3650. If it cannot break through this range at once, a pullback to test the support and resistance switch around 3460-3480 is normal. If the bulls are a bit weaker, it might pull back to 3450 again, but it shouldn't be that weak.
If it can surpass 3580, and then pull back to 3520 without breaking it, it could directly break through this resistance zone upwards. So the first target could be 3700.
Currently, on the 4-hour level, the slope line is positive, and there are no signs of a drop or a second bottom test. If something unexpected happens and it breaks below 3450, you need to be especially careful. If it drops below 3400, you should run away...

2024-12-21 Daily View

The big coin is now close to the resistance area, 98900-10982 is a resistance zone. If it cannot break through in one go, it is normal to pull back to around 97841. We will test whether this is a true breakout and see if it can complete a top-bottom swap. Once completed, it will continue to rise. If the bulls are very strong, they will not fall below 98500, but this probability is not very high.
Looking at the overall market, all coins at the 4h level have basically returned to a positive slope. For those who haven’t bought the dip, you can draw the slope lines and look for opportunities to enter the market as the slope line rises.
Do not chase high prices; even in an upward trend, there is no need to chase high prices to enter the market.
Wait for the pullback; each pullback is an opportunity to enter.

For those who bought the dip yesterday with a small position and want to increase their holdings, patiently wait for a double bottom pullback to increase your position by 5%-10%. Do not use leverage to increase your position, as that will diminish the advantage of the entry point you had yesterday.
Even if a one-sided trend begins later, it does not affect the pullbacks during the process, so try to maintain your price advantage.

2024/12/21 Night Line Market View
Hello everyone, I'm your cat, here to share my current views.
First, regarding Bitcoin, it needs to close a 4-hour line above 95310, which currently seems fine. However, the strong resistance at 97874 has emerged, and the market is currently consolidating here, indicating there are still divergences or hesitations in the market direction. It can move either up or down. If it moves up and breaks above 97874, pulling back and not breaking 96950, it will continue to rise, potentially reaching 102600. If it continues to be suppressed upwards, pulls back to 95310, and then is pressured again at 96597, it will likely test the bottom once more.
When testing the bottom again, pay attention to whether a new low is made. If no new low is established, the next bottom testing could be your best opportunity to buy in.
Currently, we are in a negative slope line, which counts as 'guessing the bottom to go long.' There is certain risk in buying the dip. For those seeking stability, consider entering long after the 4-hour level recovers to a positive slope.
Ethereum is currently exhibiting a similar trend to Bitcoin, being pressured between 3428-3448. A downward pullback to 3323 that does not break can allow for a rebound, where a 4-hour line might stabilize at 3430.
If you didn't catch the dips today, don’t be discouraged. Most coins are still at the daily bottom, so missing out a little isn't a big issue. Congratulations to those who bought Sui at the bottom today. If you haven't bought Sui at 3.x, don’t chase it now, as the resistance levels ahead are clearly visible in the range of 4.6-4.8. Consider looking at other options.
My personal suggestion is that for those who didn’t catch the dips, you can wait for the 4 PM close and observe the closing situation, or directly wait until the trend becomes clearer before entering the market.
For those stuck with spot positions, check if the spot you purchased supports coin-based positions. Don’t add more funds to increase your position; a 1x coin-based position is significantly more effective than increasing your position size.

2024/12/20
No more pictures, just text.
It rebounded just now, and is currently suppressed by the lower track of kc1 at the 4h level.
To confirm that the 4h stop falling needs to close once at 95800, for example, change the line at 12 o'clock and close above 95800, and then you can look at 102650, the position of the 4h middle track.
Kent, who taught you a long time ago, if you pay a little attention, you should be able to see what happened yesterday.
It fell, broke the middle track, and then rebounded. The 2 4h were suppressed by the middle track line 102650, and then fell. When the US stock market opened, Bear Grylls pulled the market up, and it fell, drawing a door.
But the "cheat gun" in the early morning was too cruel. Three consecutive 4hs took a bottoming out + bottom-raising pattern. I don't know how many people were deceived. As a result, a big Yin line after going up directly killed a lot of people.
Therefore, it is best not to learn only one type of technology. You still need to know some necessary morphology. For example, when the bottom of the three lines rises, and then the Yin-enclosing Yang appears again, and the entity is enclosed, you must be especially careful. If it encloses the lower shadow, you must leave.
Those who just bought the bottom, bring a good loss to protect the principal. If the US stock market does not make trouble tonight, the probability of rotation and rebound on the weekend is greater than 80%.
If it continues to make trouble, you need to continue to wait and see when buying the bottom.
The holiday effect will not spread to Christmas Day, just like the Thanksgiving and Easter we experienced before. There will be no difference.
Don't worry about missing out. Now 95% of the coins are still bottom chips. You can wait and see whether it will have a second step back.
For safety, it is best to wait for the 4h level to stabilize and restore the positive slope, and then step back to the slope line to enter the market.
The next known negative time is the Japanese interest rate meeting in January. The probability of Japan raising interest rates in January is higher than 90%.
Therefore, if you are buying at the bottom now, it is best to exit the market in batches 5 to 7 days before Japan’s interest rate meeting in January.

I just came across a piece of news that SUI will soon support Phantom Wallet, which is the 'exclusive wallet' previously used for SOL. This means that the 'Golden Dog Effect' of SOL may gradually shift towards SUI, and more original SOL chain developers may migrate to the SUI chain, after all, the lower development cost and participation cost can lead to a higher 'imaginable space' and 'ceiling.' Additionally, the lower coin price will lower the threshold for friends participating in SUI chain 'rushing to the dog.'
Looking at it now, although SUI has already risen a bit, the price difference compared to SOL is too large, making it hard to say whether SUI will be the biggest dark horse in this bull market.
Observing SUI rise from a price of 0.3x to now, I can only say that my previous basic research on the project had significant shortcomings; I mostly looked for answers only on the K-line. However, it’s not all lost, as I still hold a SUI long position at 3.19, just lacking spot, which is a bit regrettable.
I will patiently wait for a pullback, holding SUI for the long term; perhaps there will be surprises.
After all, SUI can be coin-based, and holding long can also reduce position risk through hedging.

2024/12/3
The bitcoin market has been unstable these two days, and big investors have been selling. Although I don't know the motives and purposes, it's always good to be cautious. Now the bitcoin market is falling a little bit, and the altcoins will collapse. A few hundred points can cause some altcoins to fall by more than 10%. It's okay to chase highs, but you must set a stop loss.
The US government transferred the currency to Coinbase last night. This smell is familiar. It is said to be held on behalf of others... It seems that the German government said the same thing before... There was no movement at the beginning of the transfer to the exchange, and then it started to sell endlessly... Is Biden planning to sell it all and let Jianguo take it back at a high price?
This week, special attention should be paid to non-agricultural, which will be on Friday.
The downward revision of non-agricultural in November is said to be due to the hurricane. The current expectations and previous values ​​for this month are very different. The previous 1.2w and the expected 19.2w, such a big gap, it is difficult to revise it down without a good reason. If it is not revised down, there will be no interest rate cut in December. However, the market has been making price expectations based on a 100% interest rate cut in December and a 100% no interest rate hike in Japan. If there is a change here, the holiday effect will be greater.
The impact of Christmas will not be on Christmas Day, just like I said on Thanksgiving, it will be a few days in advance. This is equivalent to the Spring Festival in the United States, early holidays plus profit-taking plus withdrawals. So you need to pay attention, pay attention, if the chips in your hands are at the absolute bottom and you can use the currency standard, you can find a high 1x currency standard hedging on the eve of the holiday. For those on the hillside, it is best to push up the stop loss position.
This is not to call you to open a short position, but just a friendly reminder.

Last week I mentioned to pay attention to 25-27, as the early profit-taking due to holidays may lead to a decrease in buying volume and an increase in selling pressure.
I hope you really have moved your stop-loss up. A few thousand points of pullback for Bitcoin isn't a big deal, but it can be very painful for altcoins. If you don’t have enough of an advantage in your holdings, it can be really tough. It's okay for spot trading if you bought high, but contracts are even harder to deal with.

Still, the same advice: don’t hold onto losing positions, cut losses early.

If you notice something is off and didn’t have time to cut losses, then every reverse movement is an opportunity for you to reduce your position and hedge. Don’t just stand there like a deer in headlights and allow losses to grow.

I hope you are really avoiding some risks…

I’m inexperienced, but I have no intention of harming you.

I’ve been very busy lately, so the posts on the square have decreased. However, if I foresee any potential changes in dates, I will still inform you in advance. I don't wish for any changes to happen, but it’s prudent to hedge when necessary, my friend.

Just because there’s an early profit-taking around Thanksgiving doesn't confirm the beginning of a correction; it's merely a result of short-term concentrated settlement. Even though the 4-hour chart has broken a level, the daily bullish pattern is still intact. It doesn’t hinder the daily or nightly strategies from continuing to soar...

I believe a real daily correction requires a larger catalyst. For instance, the potential interest rate hike in Japan in December, or stopping the rate cuts in December to conclude the current FOMO sentiment.

Crouching down is to build up strength, so you can jump higher.

The same logic applies to corrections.

Thanksgiving is coming soon, and for Americans, it's a significant holiday. Thanksgiving connects to the weekend, and the next day is Black Friday. These are days that will affect retail investors' profit-taking and capital withdrawal. Although institutions are continuously buying now, being cautious is always a good idea. It may not have much impact on Bitcoin, but it can still affect altcoins.
Thanksgiving Date: November 28
Black Friday Date: November 29
Just a reminder of the potential risks; it's time to move up the stop-loss level.
If there is a concentrated profit-taking, it will impact the market in advance, for example: from the 25th to the 27th, by the holiday itself, the impact is minimal. Therefore, if you want to raise the stop-loss level, you should do it in advance. Check where the closest 4-hour double bottom is, and move the stop-loss level down to that price by 0.3-0.5%. If you're really worried about being stopped out and then the price goes up, and if the chips have enough price advantage, you can allow for two intervals of the 4-hour double bottom, and just place the stop-loss at the position of the second-to-last double bottom.