Can local dogs be analyzed using K-line?

The large market cap local dogs that have emerged are equivalent to secondary spot trading on CEX, and there will always be 'whales' operating within, so it is possible to analyze them using K-line.

However, due to the liquidity issues on the blockchain, short-term price fluctuations can be quite large, so the corresponding support and resistance levels cannot be very precise, and we can only obtain a relatively accurate price range.

In this price range, you can buy or sell in batches and implement appropriate operational strategies.

As for the small market cap local dogs that have been pumped, it is impossible to conduct a more accurate analysis and judgment using K-line; the 1-minute kind of K can only be judged vaguely based on patterns, and you must act quickly. We discussed this content during our live broadcast on TG.

Regardless, it is essential to try to ensure that your principal does not incur losses before considering how much profit to make.

There are local dogs that can yield tenfold, hundredfold, or even thousandfold returns every day, but first, you need to understand your own capabilities before thinking about whether getting rich will happen to you.