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!

2024/12/21 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.

I don’t know how to buy BlackRock’s BTC ETF. If anyone knows, please tell me. I don’t really want to buy BTC ETF from the exchange.

These days I have been thinking about why BlackRock keeps buying. I don’t like or believe in the “conspiracy theory”, such as reservoirs and US debt. I think there should be no such “evil” idea. After all, as ETFs, the purchase volume of other companies is too different.
Thinking about it, BlackRock had gold ETFs before, so they must have a large number of financial potential customers and base users, and they are all mature investors. Then everyone knows that if the gold ETF and gold spot increase month-on-month and year-on-year, the increase of gold ETF is obviously several times that of gold spot, and it is still a mature financial product.
So back to understand, is BlackRock conveying the same concept to its previous base users by using gold ETF as an example?
If you buy BTC spot, how much can it increase? 150,000? 200,000? Now that the price is so high, how much potential profit can be expected? Then BTC ETF is different. It was only launched in February this year, and it has only been 9 months since then. So can it be understood that, looking at the long-term period, the current price of BTC ETF is still at the absolute bottom price, or in the dividend period?
If it is based on this logic, then it is appropriate to buy BTC ETF at any time. In the long run, it is reasonable to see a multiple increase far higher than BTC spot.
Especially after I checked the price of BTC ETF, to be honest, I was a little tempted to buy a few thousand U, just as a wish. After all, I missed the industry dividend period of BTC spot. No one knows whether BTC ETF can give a dividend period. As for the current situation, if you hold it for a long time, for 10 or 8 years, there may really be a miracle.
With this mentality, it is not difficult to understand why American users are crazy about fomo buying BTC ETF. This is indeed, it has its unique attraction.
Because of the crazy surge in BTC ETF purchases and the 1:1 pledge of spot ETFs, BlackRock directly swept the spot at no cost, thus driving the BTC spot price up.

From this perspective, everything makes sense. . .

Friend, do you want to buy BTC ETFs?Anyway, I want to buy...

Here I want to talk to you about something other than the market. In fact, there is a very interesting rule. Every round of bull market is basically like this. The old leeks are afraid of being cut, and they are too cautious. This will lead to the fact that although they are not hit hard, it has become the norm to miss out. If the market does not fall to the expected depth, they dare not enter the market. They do not chase when it rises, and they do not chase when they know it will rise. They just wait and see, and then watch the market go through little by little. The new leeks entering the market are brainless all-in memes and copycats. When the market rises, they keep chasing the rise for a long time. The long unilateral profit is almost spit out, and then they turn around and overturn the table of the old leeks. What a bullshit "teacher", what a bullshit analysis, it is not as fast as my brainless all-in to make money. You talk about risks all day long, there is no risk in the bull market. Anyway, if there is a decline, it is just a small retracement, and then continue to roll positions and continue to all-in, and buy more as it falls.
But what is more interesting is that these new investors who made a lot of money in the process often cannot "get out of the market unscathed" in the end. They did make money in the process, and they did make a lot of money, but when the bull market ended, they had no money left, and were even in a loss. This has been the case in every round for so many years. The main force and the exchange always have various ways to make you keep making profits, and then go from loss to loss and then to sell at a loss. This is human nature. The fear brought by the continuous education of the market to the old investors and the amplified greed of the new investors are both problems that cannot be changed in human nature.
It is better to withdraw more funds and take more profits. The money in your pocket is your money. As long as this money is in the exchange, you cannot say that it is your money.
Finally, I want to say sorry to all my friends. During the decline of 589, the daily line fell below the position, and there was no sign of stopping the decline. The expected position of 545-530 did not meet expectations, and there was no second bottoming. I really did not dare to give a hint of buying more, and the reversal was too fast. At that time, it was suppressed at the 4-hour middle track, which made me even more afraid to say that I should buy more here, and it was directly pulled away later. Although I gave many hints of buying more later, it has been nailed to the pillar of shame, and no one looks at it anymore. My trading system does not allow me to open an order at that position. I really have no choice. I will try to talk less about the market in the future.

It's 5 o'clock in the morning again. I have been busy preparing for the studio these days, and then I pushed forward the quantitative work all night. The more I checked for omissions and made up for them, the more problems I encountered. Finally, I took a look at the market situation. With the bottom high in the afternoon, the price was pushed up again. I really admire BlackRock. This is really amazing. It pushed the market against the trend despite the Nasdaq's plunge. I have to say, Bear Grylls, you are really ruthless. . .
The current situation is that the only resistance level above is 91500. If it breaks through here directly, we will see a new high with a high probability. Even if we can't see a new high, we will touch the previous high once. If it can't break through once, then it depends on the retracement. If the retracement does not break 904, then the probability of touching the previous high and reaching a new high is still greater than 60%.
It has broken through the convergence triangle. Before it falls below 90400, it is difficult to see a big decline. The air force that is hung will continue to suffer.
There is no way to feel uncomfortable, you can only bear it... Who made Bear Grylls so powerful... Every day he is 1 vs 9, even more awesome than Ip Man
Friends, if you are making money now, please remember to move the stop loss up, pay the principal if you should, leave the profit there and let it go, pay more if you can, the money you can keep is your money, the money you put in there is not necessarily yours, but the exchange's before you take profit and withdraw money.
I admire Langlang very much, this long unilateral rolling position profit-taking withdrawal and withdrawal, this is a smart person in the true sense, he knows what he wants, and he also knows the dangers of this market, after all, there is no winner in gambling for a long time, it is definitely better to leave the market directly when you are successful than to end up with nothing. Positive examples are Bit King, Bit Fat House, Langlang, and negative examples are Liang Xi.
I have gone to Shanghai to meet my friends. I will have a business dinner tomorrow night. I will do a live broadcast with @财经悟空pro and report the current progress to all the friends who have donated to the community, and strive to start it as soon as possible.

I have blocked many people recently
I have also deleted many unfriendly comments
Then I attracted more sarcastic and unfriendly people
There are even "friends" who have "known" me for a long time

Why did I block you? It's not just because of your sarcastic remarks and your indirect comments under the banner of advice.

It's because you have been watching for so long, but you didn't read what I said at all

I have always been watching for callbacks, and I have said many times in live broadcasts that I am watching callbacks, but please take a good look and listen to the playback. I am not talking about the callbacks during the period from the end of the fourth quarter to the beginning of the first quarter of next year. The reason is due to the traditional habit of concentrated profit-taking and withdrawal during major holidays. I have said this countless times.

Then this has become that I always watch for callbacks?

The last time I warned you about risks was on the 29th, telling you to pay attention to risks on the 31st and 1st. Did it hurt you?

If I watch for callbacks, I will not tell you that the positive expectations of 5-7 are still there when everyone is pessimistic about the continued callback on November 3-4. The bulls on the daily line have only broken the trend line but have not broken the box, and will rise.

Look at the convergence triangle of Ethereum that I drew at that time. Why did I draw it at that price and publish the article at that time? Don’t you think it’s ironic? I’m not a god. I don’t know whether it will go up or down, but it was close to the lower edge of the convergence triangle at that time. Either you go long there, or you chase long after it breaks through the upper edge. Is that the original words? Why don’t I say this? Because no one did what I said.

So what? The teachers who told you to open a short position before the rise on 11.3-4 were right, and I was wrong. During the whole rise, the teachers who told you to open a short position were also right, and I was wrong.

So why did I block you?

Because you didn’t look at it anyway.

At the daily line of 898, there was a faint sign of peaking at that time, and asking you to push the stop loss position was also harming you.

Anyway, no matter what I say, it’s harming you. I have no other way to avoid harming you. I can only block you to prevent you from being harmed by me. Isn’t that enough? I am even more unwilling to be blocked, so why don't you teach me what I should do.

I am just an old leeks, I am sorry for delaying your fortune, you guys can have fun by yourselves.

Jin Chanzi, I won again this time...

Forwarding a simple method I posted elsewhere a few days ago when everyone was crazily opening empty positions, to estimate tops and bottoms.

The methods for confirming a top and confirming a bottom are actually the same and quite simple. Regardless of the top and bottom fractals in the Chande theory, we'll use the simplest method to judge. Top signal: 1. The daily line closes with a very long upper shadow. 2. The daily line level bearish engulfs bullish (a bearish candle wraps around the last bullish candle). 3. The daily line level shows a double top (the same price, two daily lines that cannot break through consecutively or separately). If any of the above conditions are met, it can be understood as a 'top'. To confirm a bottom, just look at it in the opposite way from the top. This can be judged without any technical indicators.
Similarly, how to estimate that a trend has ended, whether down or up, 90% of the time will end with a wave of the same direction acceleration as a signal, for example, the end of an uptrend is often a quick upward spike followed by a pullback (a very long upper shadow), and the end of a downtrend is also marked by a quick drop and appears as a quick pullback. So how to confirm this as an end? When there is a top low (resistance level decreases) more than once, it confirms the start of a pullback. Taking Bitcoin as an example, the previous high x0.93 represents a 4-hour level pullback, if it reaches here, it can bounce back over 3%, re-entering the uptrend channel, and this time the top of the uptrend is likely to be higher than the previous top. If it drops 7% and the rebound does not exceed 3%, and then drops another 3% on top of the 7%, then it enters a daily level pullback.
These are some relatively simple methods to assist you in estimating whether a trend has ended without any indicators.

2024-11-13
The atmosphere in the square has recently become very heavy, and I have also reduced my updates and comments. More focus has returned to the localization and modification of various indicators, the development of auxiliary tools, and quantitative analysis. However, during this process, I have also involved some friends in the group, making a few simple trades.
Recently, there have been quite a few things to deal with, such as renting a house and recruiting new members, but I am still not a reaper, not now, nor will I be in the future, which might disappoint some who are waiting for a downfall.
On October 29, I told you that there would be a drop on October 31, and after the drop, on November 3 and 4, I mentioned that there would be a rise. However, it could not stop the impending downfall, and I didn't want to talk anymore afterward because anything I said would just provoke unfounded insults, which I found very uninteresting.
I want to speak today because many altcoins have shown signs of peaking, and the trend of BTC is also looking unusual, so I still want to warn you about the risks in advance; whether you listen or not is up to you.
As for worrying that my fans have all suffered huge losses, that is not the case; at least, real fans have not. As for fake fans, it doesn't matter; anyway, they never believed me, they were just here to play the role of critics.
I will no longer pay attention to some comments in the square; I can't stop everything just because of a few people. In any case, if you criticize me, I will also block you, and we can all have our peace.
Recently, the feed has been from last night in the group, adding positions at 861, 852, 205, adding again at 3216, and once more at 3210, exiting at the previous high.
I have finally figured out where some strange comments were coming from. Originally, the group chat was a place for trading discussions but turned into a gambling club where everyone is fomoing and making random trades, but in the end, all the blame fell on me.
To do good trading, you first have to filter out some chaotic information. If you are in a certain group chat and just follow what others say they did or shouted, then you are unlikely to make money.
Today’s statement is due to the recent unusual trend of BTC, with clear signs of major players offloading over the past three days, and there are also vague signs of a peak appearing. Many altcoins have confirmed their peak signals, so you need to be cautious. Move your stop losses up where appropriate. Attached are two charts: a daily chart and a 4-hour chart. If you still can't understand this, then I can't help you anymore.
You can choose not to exit, but you need to move your stop loss up.