Opening positions while writing some notes
✅ ‘Visual Quick Screening Method’ suitable for beginners
[1] Look at the 5-minute chart: explosive initiation signal (attack condition)
Visual signal implications, recommended or not
Three consecutive bullish candlesticks + low position initiation, bottom explosive rise, someone is seizing the opportunity, recommended for observation (high potential)
Purple line (MA7) begins to tilt upwards + K line stands above the purple line, moving averages rising, short-term trend initiation recommended
Purple and yellow lines (gold) crossing upwards confirms early bullish trend, strongly recommended
Long lower shadow + subsequent bullish close, false breakdown after washing out for a pullback, key observation
[2] Look at the 15-minute chart: structure confirmation signal (safety condition)
Visual signal implications, recommended or not
Previous high (peak) has been broken + firmly standing above with main force pulling up, clear trend recommended
After breaking through, not falling back, but rather consolidating or slightly rising, strong control structure recommended
Purple and yellow lines in bullish arrangement, coin price above, safe zone, bullish continuation, can enter
Before the rise, there is a period of consolidation (washing out), three-stage structure complete, can observe with heavy positions
❌ Lightning strike visual signal (skip immediately upon seeing)
Visual signal with dangerous implications
Two consecutive large bearish candlesticks engulfing the gains, inducing longs to sell off
Price is consolidating between the purple and yellow lines, no direction, easy to oscillate back and forth
Just had a surge and then started to oscillate down, explosive rise to induce highs
Purple line pressing down on the K line, bending downwards, in a downtrend, not advisable to enter
✅ Small operational mnemonic (can be memorized for real trading)
Three rising candles with purple and yellow spikes, holding above previous high can be decisive. Pullbacks that do not break support, after washing out can rise again is valuable