The K-line technique is certainly important, but it is drawn by market makers. If we can know who the market makers are and are familiar with their market-making methods, the technique becomes less significant; we just need to follow the methods of the market makers. Because market makers are also human, and as humans, they have habitual actions. Moreover, they are well-versed in various K-line theory techniques and apply them skillfully, above the average person. In most cases, they can control this trend.
For example: XXX market maker likes to break the technical aspects, leaving everyone confused. To give a somewhat inappropriate example, when Musk and Trump argue, everyone focuses on that previous low of 100718, thinking that if it breaks, it will go down to 980. Then it breaks, reaching 100372, and on the second 15-minute candle, there’s a long upper shadow indicating weakness in the rise, and then reverses the market.
When we become familiar with their methods, trading whether it’s Bitcoin or other currencies will be more effortless. I know you are going to do this, and when it happens, I will buy the dip and buy hard!
This table is a summary of the records and observations over the years, shared with everyone in hopes that it can be helpful during your trading.
The layout is not aesthetically pleasing, but the content is all valuable information.