K-line Beginner's Quick Guide
🔥 【Learn K-line in 3 Minutes】A Must-Read for Cryptocurrency Beginners!
📊 What is K-line?
The K-line is like a “heart monitor” for cryptocurrency prices, where one line tells you:
✅ Opening Price→ Today's first transaction price
✅ Closing Price→ Today's last transaction price
✅ Highest/Lowest Price→ Today's price limits
Color Code:
🟢 Bullish Line (Rise):Closing > Opening
🔴 Bearish Line (Fall):Closing < Opening
🔍 Three Key Elements of K-line
1️⃣ Body Thickness → The thicker the body, the stronger the rise/fall
2️⃣ Upper Shadow Line → How high it rose before being pushed down
3️⃣ Lower Shadow Line → How deep it fell before being pulled up
Classic Patterns:
⚡ Large Bullish Line:Strong upward signal
⚡ Large Bearish Line:Warning of a sharp decline
⚡ Doji Star:Precursor to a trend change (Beware at high positions!)
🚨 Beware of these dangerous signals!
❌ Long Upper Shadow + High Position → Whales offloading
❌ Three Consecutive Bearish Lines + Increased Volume → Start of a big drop
✅ Double Bottom (W Bottom) → Opportunity to buy at the bottom
💡 Beginner's Mnemonic
“The longer the bullish line's body, the stronger the trend; the longer the bearish line, the more timid;
Look at the length of the shadow lines for pressure, and the position determines the outcome!”