Hello everyone, I am the awake person who has been reset to zero 8 times and stood up again
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1️⃣ Bitcoin increased 64 times from 2015 to 2021
2️⃣ Bitcoin increased 18 times from 2020 to 2021
3️⃣ Ethereum increased 53 times from 2020 to 2021
I wish you all a happy Valentine's Day and a smooth transaction.
To thank you for your support
I will explain supply and demand to you one by one
I hope that through my explanation, more people will have an understanding and knowledge of supply and demand.
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1. The principle of supply and demand
2.What is the supply and demand range?
3. Learn the most important and basic K-line identification of supply and demand.
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The Principle of Supply and Demand
When the market supply and demand relationship begins to become unbalanced, that's when market prices begin to reverse.
The best entry point with the lowest risk and highest reward is at or near the area where prices begin to reverse.
This is how we judge the turning point of the market.
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What is the supply and demand range?
The supply and demand range refers to the supply and demand imbalance area drawn by two horizontal lines in the price in the K-line chart.
There are two types of zones in the candlestick chart: supply zone and demand zone (Figure 1 Supply zone and demand zone)
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Learn the most important and basic K-line identification of supply and demand
The K-line reflects the executed orders within a certain period of time. Our main task is to find areas with a large number of unexecuted orders in the K-line chart.
It is known that you know the four prices of K-line, opening price, closing price, lowest price and highest price.
K-line is divided into two types
Dynamic K-line Static K-line
The dynamic K-line refers to the starting point of this area, where the supply and demand relationship begins to become sharply unbalanced.
The supply and demand relationship in this area of static K-line is balanced, and institutional orders have accumulated in this area.
Off topic:
BLZ really killed me
The profit is not much after deducting the funding rate.
So sad
