#看懂K线 K line analysis can be simplified into the following core points to help you quickly grasp the key logic:
1. Core Features of K Line (Difference from Traditional Markets)
- 24-hour continuous trading: Choose K line period based on holding period (short-term look at minute K, long-term look at daily/weekly K).
- High volatility + no limit on price increase/decrease: Long shadows and long bodies often reflect extreme market conditions (e.g., daily fluctuations exceeding 20%), and reversal patterns need to be combined with market sentiment (e.g., positive/negative news).
2. Key Pattern Mnemonics
1. Single K Line Signals
- Long Bullish Line (increased volume): Short-term strength, be cautious of the main force "pulling the market to sell."
- Long Bearish Line (increased volume): Negative news or market sell-off, continuous bearish lines require caution for a potential bear market.
- High position Doji: Divergence between bulls and bears, a bearish close the next day may indicate a top (this combination is often seen at historical highs).
2. Practical Combination Patterns
- Tweezer Top/Bottom: Two K lines' highest/lowest points are close, forming resistance/support levels (e.g., a certain coin pulls back after two attempts to break the same price level).
- Three Push Pattern: Three failed attempts to breach the same resistance level, low probability of breakout, need to guard against pullback.
- Sharp Top/Bottom: Rapid rise or fall (e.g., influenced by news), the pattern may become invalid, and quick reactions to news are necessary.