币圈梵天
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It's time for a break for the brothers 🧧
Let me summarize my trading experience for everyone
Why look at 4-hour, 1-hour, and 15-minute candlesticks?
Many people in the crypto world repeatedly fall into traps, and the problem lies in focusing on only one timeframe.
Today I'll talk about my commonly used multi-timeframe candlestick trading method, which consists of three simple steps: grasping the direction, finding entry points, and timing.
1. 4-hour candlestick: Determines the overall direction for going long or short
This timeframe is long enough to filter out short-term noise and clearly see the trend:
• Uptrend: Higher highs and higher lows → Buy on dips
• Downtrend: Lower highs and lower lows → Short on rebounds
• Sideways movement: Price fluctuates within a range, easy to get whipsawed, not recommended for frequent trading
Remember this: Trading with the trend increases your win rate; trading against it only gives away money.
2. 1-hour candlestick: Used to delineate ranges and find key levels
Once the major trend is confirmed, the 1-hour chart can help you identify support/resistance:
• Approaching trend lines, moving averages, and previous lows are potential entry points
• Approaching previous highs, important resistance, or the emergence of top patterns means it's time to consider taking profits or reducing positions
3. 15-minute candlestick: Only for the final “trigger action”
This timeframe is specifically for finding entry opportunities, not for trend analysis:
• Wait for key price levels to show small-cycle reversal signals (engulfing, bullish divergence, golden cross) before entering
• Volume must increase; breaks are only reliable if there's sufficient volume, otherwise it could be a false move
How to coordinate multiple timeframes?
1. First determine the direction: Use the 4-hour chart to decide whether to go long or short
2. Find entry zones: Use the 1-hour chart to outline support or resistance areas
3. Enter precisely: Use the 15-minute chart to find the final entry signal
A few additional points:
• If directions conflict across several timeframes, it's better to stay out and observe rather than make uncertain trades
• Small timeframe fluctuations are fast, always set stop losses to prevent being repeatedly stopped out
• The combination of trend + position + timing is far more effective than randomly guessing at the charts
I've been using this multi-timeframe candlestick method for over 2 years; it's a foundational setup for stable outputs. Whether you can use it well depends on your willingness to analyze charts and summarize findings.
#Trader #Bitcoin #Investment #币圈
Let me summarize my trading experience for everyone
Why look at 4-hour, 1-hour, and 15-minute candlesticks?
Many people in the crypto world repeatedly fall into traps, and the problem lies in focusing on only one timeframe.
Today I'll talk about my commonly used multi-timeframe candlestick trading method, which consists of three simple steps: grasping the direction, finding entry points, and timing.
1. 4-hour candlestick: Determines the overall direction for going long or short
This timeframe is long enough to filter out short-term noise and clearly see the trend:
• Uptrend: Higher highs and higher lows → Buy on dips
• Downtrend: Lower highs and lower lows → Short on rebounds
• Sideways movement: Price fluctuates within a range, easy to get whipsawed, not recommended for frequent trading
Remember this: Trading with the trend increases your win rate; trading against it only gives away money.
2. 1-hour candlestick: Used to delineate ranges and find key levels
Once the major trend is confirmed, the 1-hour chart can help you identify support/resistance:
• Approaching trend lines, moving averages, and previous lows are potential entry points
• Approaching previous highs, important resistance, or the emergence of top patterns means it's time to consider taking profits or reducing positions
3. 15-minute candlestick: Only for the final “trigger action”
This timeframe is specifically for finding entry opportunities, not for trend analysis:
• Wait for key price levels to show small-cycle reversal signals (engulfing, bullish divergence, golden cross) before entering
• Volume must increase; breaks are only reliable if there's sufficient volume, otherwise it could be a false move
How to coordinate multiple timeframes?
1. First determine the direction: Use the 4-hour chart to decide whether to go long or short
2. Find entry zones: Use the 1-hour chart to outline support or resistance areas
3. Enter precisely: Use the 15-minute chart to find the final entry signal
A few additional points:
• If directions conflict across several timeframes, it's better to stay out and observe rather than make uncertain trades
• Small timeframe fluctuations are fast, always set stop losses to prevent being repeatedly stopped out
• The combination of trend + position + timing is far more effective than randomly guessing at the charts
I've been using this multi-timeframe candlestick method for over 2 years; it's a foundational setup for stable outputs. Whether you can use it well depends on your willingness to analyze charts and summarize findings.
#Trader #Bitcoin #Investment #币圈
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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