Cryptocurrency K-Line Basics in 1 Minute! Understand these lines, and your wallet will speak
K-line is a wallet that can speak; if you understand its language, you won't be a mute in the cryptocurrency world!
Brothers, analyzing K-line charts is a fundamental skill in trading cryptocurrencies. Don't be scared by the colorful lines; there are actually three types of lines that a beginner can understand in 1 minute:
Bullish Line (Red/Green Up): The closing price is higher than the opening price, indicating a rise!
Large Bullish Line: A strong rise! Full of momentum!
With Long Lower Shadow (like a hammer): It initially dropped sharply but was pulled back up forcefully; appearing at a low position is a good sign (strong buying), but be cautious at a high position.
With Long Upper Shadow: After a surge, it fell back, indicating pressure at a high position (selling pressure), be cautious when chasing highs!
Bearish Line (Green/Red Down): The closing price is lower than the opening price, indicating a decline!
Large Bearish Line: A steep drop! Run fast!
With Long Lower Shadow (like a hammer): After a big drop, it recovers slightly; appearing at a low position may indicate a rebound opportunity, while at a high position the effect is poor.
With Long Upper Shadow: Tried to rebound but was pushed back down; bears are dominant.
Cross Line (Small Body + Shadows): The opening and closing prices are similar; bulls and bears are fighting, a change is coming!
Regular Cross: Both sides are evenly matched; who will win is uncertain, waiting for direction.
T-Line (Long Lower Shadow): After a significant drop, it is supported by buying; bulls may win.
Inverse T-Line (Long Upper Shadow): Tried to rise but was pushed down; bears may win, especially at a high position.
Simple to remember:
The larger the body of the bullish line, the stronger it is; the larger the body of the bearish line, the weaker it is.
Long lower shadow = “Long Legs” strong support (good at low positions).
Long upper shadow = “Ceiling” high pressure (bad at high positions).
Cross Line = Fighting; wait for the result.
Final reminder: Investment carries risks; K-line is a tool, not a prophecy; it must be combined with other analyses! The market is dangerous; don’t just look at the lines and go all in!
What kind of K-line combinations would you like to see analyzed in the next issue? Let me know in the comments! Click on my profile picture to follow me, and I’ll teach you how to see through the traps set by manipulators!
