🔥【3 Minutes to Teach You K-Line with One Picture】A Quick Guide for Cryptocurrency Newbies!
🚀 K-Line is the storybook of cryptocurrency prices
A candle tells you 4 secrets:
✅ Opening Price → The first price in the morning
✅ Closing Price → The closing price in the evening
✅ Highest Price → How high it went that day
✅ Lowest Price → How badly it fell that day
🎨 Colors Speak
🟢 Red Candle: Closing > Opening (It went up!)
🔴 Green Candle: Closing < Opening (It went down...)
💎 Three Tricks to Read K-Line
1️⃣ Look at the thickness for strength → The thicker the body, the more violent (Thick Red Column = Soaring, Thick Green Column = Plummeting)
2️⃣ Look at the shadows for struggle →
👆 Long Upper Shadow = Went up but got knocked down halfway
👇 Long Lower Shadow = Went down but got picked up halfway
3️⃣ Doji Star Alarm → Opening = Closing = Signal for price change!
🚨 Identifying Danger Signals
⚠️ Long Upper Shadow at High Position → The big players are unloading stocks!
⚠️ Three Consecutive Green Crows → A big drop is coming!
💡 Capturing Opportunity Signals
🌟 W Double Bottom Pattern → Bottom-fishing opportunity appears
🌟 Red Three Soldiers Charging → Upward trend confirmed
📈 Practical Mantra
"Chase the Red Fat without Shadow quickly, run from the Green Fat without Shadow immediately;
Long Shadow Lines often reverse, a change in trend is coming after a Doji Star!"