This year I am 32 years old, I just started trading cryptocurrencies 4 years ago, I have earned about 10 million yuan, with a principal of 10,000. I graduated from university without ever having a job. I spend all day watching videos and recording data.
1. The principal is 10,000 yuan, various part-time jobs and odd jobs have saved up to 10,000 yuan.
2. Entering the cryptocurrency market, I feel BTC is too expensive, so I have been playing with ETH, which has leverage, and then there's altcoin spot trading. Choose coins and manage positions well. Just execute this simple strategy consistently. If the market is bad, take a small loss; when the market comes, make a big profit.
Why enter the market:
If you want to change your fate, you must try the cryptocurrency market. If you can't make money in this circle, ordinary people will have no opportunities in their lifetime.
I share my cryptocurrency trading thoughts with everyone:
The method of turning 100,000 U into 20,000,000 in the cryptocurrency space: relying on real strength to strike, not on luck
If you still have 100,000 U in your account and want to turn it into 2,000,000 U in this bull market, relying on luck is definitely not feasible, and relying on 'blind guesses on price movements' is even less feasible.
What you need is a practical rolling position strategy + the ability to target leading coins.
Step 1: Select targets—only trade core assets in a bull market
100,000 U cannot be scattered and randomly invested; it can only focus on the strongest trend coins:
Sector leaders (RWA, AI, Depin, Layer2)
Weekly volume break (e.g., TAO breaks $300 and rushes to $700)
Small market cap + strong control (1-500 million U in circulation)
These coins are not those that follow the trend; they are the ones that start first, have strong institutional focus, and are not chased by retail investors.
Step 2: Rolling positions strategy—profit compounding with unchanged principal
Divide the principal into three segments and make three key increases.
Initial position of 30,000 U for trial
➤ Enter the market when the coin price breaks through key levels with volume
➤ Set a 10% stop-loss to protect the principal safely
Increase position by 50,000 U (including profit)
➤ Add to positions after a profit of 20%-30%
➤ Use only profits + a small part of the principal to roll over, expanding the profit zone
Roll it over after doubling
➤ Withdraw principal, continue to profit
➤ The further you go, the more stable your mentality becomes; this is the stage of striking.
The entire process emphasizes: increase positions during rises, stop-loss during drops, and avoid counter-trading.
Step 3: Position control + risk control
Making money is not difficult; the real strong ones can keep it.
Single coin not exceeding 50% of the total position
Set a stop-loss of 10% for each trade; never hold a losing position
Each time it doubles, withdraw half of the principal, and let the profits fly freely
This method has a practical win rate of over 60%, with a risk-reward ratio of 1:3, truly relying on the system to earn, not on fantasies of wealth.
The next opportunity has emerged
The next coin we are focusing on:
Small market cap, strong control
Weekly breakout has just started
Whales are entering the market; on-chain data is exploding.
Target 3-5 times, most suitable for rolling positions for huge profits.
If you don't want to keep going in circles, come find me. The current market is a good time to recover and roll over, but if you dare to take that step, I can guide you to try it once.
In the cryptocurrency space, trading strategies are your 'secret weapon.' The following mnemonics are crystallizations of practical experience, hurry up and save them!
1. Entry section: Test the waters in the cryptocurrency space, prepare to take the lead; enter steadily, refuse to rush in.
2. Consolidation section: low-level consolidation creates new lows; heavy positions are just right for bottom-fishing; high-level consolidation breaks higher, decisively sell without hesitation.
3. Volatility section: Sell at highs, enter quickly on dives; observe during consolidation and reduce trading. Consolidation means to prevent a drop; hold onto your positions tightly; a rise may happen in the next second; be alert to a sharp drop during rapid rises, ready to cash out; slowly declining is a good time for gradual accumulation.
4. Timing of buy and sell: Don't chase highs, don't sell; don't dive, don't buy; don't trade during consolidation. Buy on bearish lines, sell on bullish lines, reverse operations to stand out. Buy in the morning when there is a sharp drop, sell in the morning when there is a sharp rise; don't chase highs in the afternoon when there is a big rise, buy the next day after a big drop in the afternoon; don't cut losses in the morning when there is a sharp drop; no price movement and rest; try to break even when stuck, excessive greed is not advisable.
5. Risk awareness section: A calm lake can raise high waves; there may be big waves ahead; after a big rise, there must be a correction; K-lines show a triangle for many days. In an upward trend, look for support; in a downward trend, look for resistance. Full position trading is a big taboo; stubbornness is unworkable; know when to stop in the face of uncertainty and seize the timing to enter and exit.
Trading cryptocurrencies is essentially trading mindsets; greed and fear are major enemies. Be cautious when chasing high prices and cutting losses; a calm mind is the key to freedom.
The method I tested turned 100,000 into 10,000,000 just by learning to read 16 types of K-lines, accurately determining buy and sell points! The win rate is as high as 99%, suitable for everyone!
K-line body
The K-line body represents the opening and closing prices of an asset. The position of the opening or closing price depends on the K-line and whether the price is bullish or bearish during a specific time period. In a bullish market, the closing price will be higher than the opening price, while a bearish market is the opposite.
K-line shadow
Each K-line typically has two so-called shadows, although this is not a set rule. Shadows represent the highest and lowest prices during a specific time period. The upper shadow represents the highest value, while the lower shadow indicates the lowest point reached by the price. Sometimes, a K-line may have only one shadow when the other shadow overlaps with the opening or closing price, i.e., when it aligns with the body at the same level.
K-line color
The color of the body indicates the direction of price movement. Generally, a green (or white) body indicates a price increase, while a red (or black) body indicates a price decrease. Most platforms display bodies in green or red. Therefore, if the body is green, the highest point of the body will indicate the closing price.
How do K-lines function in trading?
So far, K-line charts are the most comprehensive graphical representation of asset prices. Cryptocurrency traders borrowed this type of chart from stock and forex trading. Unlike line charts that only show closing prices, K-line charts provide a wealth of historical price-related information due to their structural characteristics (as described above).
K-lines form sequentially over time; even without using technical indicators, they can help you understand the overall trend as well as resistance and support lines. Additionally, specific patterns formed by K-lines can serve as buy or sell signals. The use of K-line charts is particularly important in cryptocurrency trading, as this type of trading has high volatility and requires detailed technical analysis.
16 popular K-line patterns
K-line patterns are diverse, and we will introduce the most popular and reliable patterns in this article, starting with bullish patterns, which appear after downward trends and indicate an imminent upward reversal. Cryptocurrency traders usually open long positions when these patterns appear.
1. Hammer
The Hammer K-line consists of a relatively short body and a long lower shadow. This pattern is called a hammer because the shape of the K-line resembles an upright hammer. Generally, the hammer appears at the bottom of a downward trend. This pattern indicates that buyers resisted selling pressure during this time and pushed prices higher. The hammer can be green or red, but the bullish trend is stronger for the green hammer compared to the red one.
2. Inverted Hammer
The Inverted Hammer is similar to the standard hammer pattern, but its upper shadow is much longer while the lower shadow is very short. This pattern indicates buying pressure, and short-sellers attempt to lower prices but fail. As a result, buyers return with stronger pressure, pushing prices higher.
3. Bullish Engulfing
Unlike the previous two patterns, the Bullish Engulfing consists of two K-lines. The first K-line should be a short red body, completely engulfed by a larger green K-line. The opening price of the second K-line is lower than that of the previous red K-line, increasing buying pressure and leading to a reversal of the downward trend.
4. Piercing Pattern
Another double K-line pattern is the Piercing Pattern, which may appear at the bottom of a downtrend at a support level or during a pullback expected to show a bullish trend. This pattern consists of a long red K-line followed by a long green K-line. The key to this pattern is that there is a significant gap between the closing price of the red K-line and the opening price of the green K-line. The closing price is at least half the length of the previous day's red K-line body. The closing price of the green K-line is much higher than the opening price, indicating buying pressure.
5. Morning Star
The Morning Star pattern is more complex as it consists of three K-lines: a long red K-line, followed by a short body K-line and a long green K-line. The Morning Star pattern indicates that the selling pressure from the first period is weakening, and a bull market is forming.
6. Three White Soldiers
Another pattern consisting of three K-lines is the Three White Soldiers. This pattern consists of three long green K-lines, usually with short shadows. The main condition is that there are three consecutive green K-lines, and the opening and closing prices must be higher than the previous period. This pattern is seen as a strong bullish signal following a downward trend.
Next, we will discuss a set of bearish patterns expected to reverse upward trends, which typically appear at resistance areas. These patterns often prompt traders to close long positions or open short positions.
7. Hanging Man
The Hanging Man is a K-line with a very short body and a long shadow, either green or red. It usually appears at the end of an upward trend, indicating an impending sell-off, but short-sellers may temporarily push prices higher before losing control.
8. Shooting Star
Shooting Star is the opposite of the Inverted Hammer. This pattern consists of a short body and a long upper shadow of a red K-line. Generally, the market opens with a gap up and spikes to a local high, with the closing price just slightly below the opening price. Sometimes, the body is almost non-existent.
9. Bearish Engulfing
The Bearish Engulfing pattern is the opposite of the Bullish Engulfing, where the first K-line has a smaller green body completely engulfed by the following longer red K-line. This pattern appears at the peak of an upward trend, indicating a reversal. The lower the closing price of the second K-line, the greater the bearish momentum.
10. Evening Star
The Evening Star represents a specific three K-line pattern. It consists of a K-line with a short body in the middle, flanked by two longer green K-lines and a larger red K-line. The closing price of the third K-line is below the midpoint of the first green K-line. This pattern often appears at the top of an upward trend, indicating a potential reversal.
11. Three Black Crows
The Three Black Crows pattern consists of three long red K-lines, with short or almost non-existent shadows. Each new K-line opens at a price similar to the previous K-line but closes significantly lower. This is a strong bearish signal.
12. Dark Cloud Cover
The Dark Cloud Cover pattern is similar to the Piercing Line but is the opposite. This pattern indicates a bearish reversal and consists of two K-lines, where the opening price of the red K-line is higher than the previous green K-line body, and the closing price is below the midpoint. This pattern indicates that short-sellers have taken control of the market, driving prices down. If the shadows of the K-line are very short, traders can expect a strong downward trend.
In addition to bullish and bearish patterns predicting trend reversals, there are neutral K-line patterns that indicate the continuation of bullish or bearish trends.
Including:
Doji
Spinning Top
Descending Three Methods
Ascending Three Methods
13. Doji
The Doji K-line has a very small body with long shadows. This pattern is often seen as a trend continuation pattern, but traders should also be cautious as it may indicate a reversal. To avoid confusion, wait for several K-lines to appear after the Doji before opening a position when the situation becomes clear.
14. Spinning Top
Similar to the Doji, the Spinning Top also has a short body K-line. However, the shadows at both ends of this pattern are of equal length. This pattern also indicates a consolidation situation and may suggest that prices are adjusting or consolidating for a period after a significant rise or fall.
15. Descending Three Methods
The descending three methods pattern consists of five K-lines arranged in a specific way, indicating the continuation of a downward trend. This pattern consists of two longer red bodies at both ends and three smaller green bodies in the middle. The green K-line bodies are completely covered by the bearish red bodies, indicating that buyers do not have enough strength to reverse the downward trend.
16. Ascending Three Methods
The Ascending Three Methods pattern is the opposite of the previous one and usually appears in an upward trend. This pattern consists of two longer green bodies at both ends and three smaller red bodies in the middle.
How to read K-line charts
K-line charts contain a wealth of historical data and other information, making them easy to read when combined with practice. In addition to the K-line patterns discussed above, there are many other K-line charts formed by specific arrangements such as double tops and bottoms, flags, and triangles.
Even novice or experienced traders can read K-line charts by visually assessing the overall trend. This visual information often provides ample insights to help traders identify K-lines and their specific patterns, especially at resistance and support levels.
Common terms in K-line charts
The following terms related to K-line charts are for your reference during trading:
Forming pattern—K-line patterns that have not yet formed but have initial shapes
Formed patterns—completed patterns that can be viewed as bullish or bearish signals
Opening price—the opening price of the K-line
Closing price—the closing price of the K-line
Highest price—the highest price covered by the K-line during the period
Lowest price—the lowest price covered by the K-line during the period
Advantages of using K-line patterns
K-line patterns help cryptocurrency traders better understand potential future trends. In other words, K-line patterns serve as signals to help traders decide when to open long or short positions and when to enter or exit the market. For example, swing traders view K-line charts as indicators for determining reversal and continuation trading patterns.
K-line charts and their patterns can help traders identify trends, understand momentum, and monitor current market sentiment in real-time.
Mnemonic methods for K-line patterns
To quickly identify K-line patterns, traders need to observe charts and trade with small amounts of money to become familiar with K-lines. A good way to start is to focus on learning individual K-line patterns and carefully analyze patterns formed by two K-lines.
It is best to start with one type of pattern until you feel confident in easily identifying that pattern during price fluctuations.
Contract trading skills mnemonic: The secret to making big money
As the cryptocurrency market continues to develop, more and more investors are entering this field. Many choose to trade cryptocurrencies to earn returns, but trading is not that simple. If you want to make big money in the cryptocurrency market, you need to master some skills and mnemonics. Let's take a look at the contract trading skills mnemonics to help you better understand the cryptocurrency market.
1. Make money without being greedy, don't fear losses. When the increase is too large, investors can develop a greedy mentality, wanting to earn more money. However, the volatility risk in the cryptocurrency market is high, and once a reversal occurs, losses will also increase. Therefore, do not pursue profits excessively; have a certain risk awareness, and do not fear losses, being able to stop losses in time.
2. Analyze the market with K-lines; set stop-loss based on needs. K-lines are an important tool for analyzing market trends in the cryptocurrency market, allowing predictions of future prices based on K-line chart trends. Stop-loss should be set according to personal circumstances and risk tolerance, as it plays a crucial role in reducing risk.
3. Keep learning and continuously advance. The cryptocurrency market is constantly changing, with fast market fluctuations requiring continuous learning and advancement. Stay updated on the latest market dynamics, grasp the basic knowledge of cryptocurrencies, and deeply understand the characteristics and patterns of cryptocurrencies, as well as methods to respond to market changes.
4. Reasonable allocation to reduce risks. In the cryptocurrency market, do not put all your funds into a single type of asset; instead, allocate funds reasonably to reduce the risk of any single investment. Also, avoid excessive chasing of highs and cutting losses; analyze market trends carefully and maintain a stable investment mindset.
5. Find patterns, do not follow blindly. Many investors in the cryptocurrency market blindly follow market hotspots, which often leads to a loss of decision-making power. Therefore, when the market is unclear, investors should find patterns, conduct scientific analysis, and make independent decisions.
I am A Xin, if you don't know what to do in a bull market, click on my avatar, follow me, bull market spot planning, contract secrets, shared for free.
