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Newbie players, old leeks who often lose money in the crypto world, what should they do? Let me teach you a very practical method.
When Maker or waiting for the right form to operate is the most stable way, combining left and right sides, but some people or some old suckers who have been in the circle for a long time, have been losing money or operating in disorder, and cannot understand the trend of market data. First, understand the most basic way to view the market data!
Cycle and Level
When you wake up, the first thing you want to do when you want to check the market or make a move is to determine the time frame. Newbie's first question when entering the circle is not knowing how to choose the time frame.
Let me tell you the first point: first look at the daily chart. Check the daily chart at 8 o'clock in the morning. The daily chart summarizes the trend and market conditions of the whole day yesterday, whether it is a bearish candle, a bullish candle, or a doji. It can help you roughly determine whether today's intraday trend is likely to pump or fall. #
After reading the daily candlestick and having a rough expectation, look at the four-hour chart. The four-hour chart is the most stable and has the strongest determination of the formed patterns. In other words, in the four-hour chart, you can use your own theories, patterns, indicators, etc. to conduct analysis.
Misconception: Abandon the bad habit of looking at the fifteen-minute candlestick chart. This chart is at the fifteen-minute level. Can you tell me what help the long wick candles up and down on this candlestick provide to you in naked K or morphological terms? No help at all.#BTC #GateioInto11 #ContentStar #交易教学 #比特币