The Core Logic of K-Line Analysis for Virtual Currencies

First, let’s give a brief introduction for beginners: K-lines are composed of opening price, closing price, highest price, and lowest price,

1. Look at the cycle first, then the pattern: The larger cycle (daily/weekly) determines the trend direction, while the smaller cycle (1 hour) finds entry points, avoiding false signals in the smaller cycle;

2. Position is more important than pattern: The reaction of K-lines at support/resistance levels is more critical than the pattern alone (for example, a hammer line at a support level is more reliable than a hammer line during a fluctuation);

3. Indicators + Capital Verification: A single K-line pattern carries high risk and needs to be combined with trading volume, MACD, and the flow of funds from exchanges for confirmation; #K线学习