How to read the currency circle K-line chart

How to read the currency circle K-line chart? This is an issue that many netizens are concerned about. Next, the PHP editor will bring you methods to check the rise and fall of the K-line chart in the currency circle. Interested netizens should follow the editor to take a look!

How to check the rise and fall of the K-line chart in the currency circle

[Look at the length of the shadow line]

1 , Shadow line refers to the line outside the physical part of the K-line chart, and its length reflects the strength of the market turning signal.

2. The longer the upper shadow line, the greater the resistance encountered during the rise, which is not conducive to continued rise.

3. On the contrary, the longer the lower shadow line, the stronger the support encountered during the decline, and the greater the possibility of rising.

【Look at Yin and Yang】

1. In cryptocurrency trading, "Yin" and "Yang" represent price trends.

2. The Yang line is green, indicating that the closing price is higher than the opening price, indicating that the long side is dominant and the market may continue to rise.

3. The negative line is red, indicating that the closing price is lower than the opening price, indicating that the short side is dominant and the market may continue to fall.

[Look at the size of the entity]

1. The size of the entity reflects the strength of the inner motivation.

2. The larger the entity, the more obvious the motivation for rising or falling.

3. For Yang lines, the larger the entity, the stronger the upward momentum.

4. For the negative line, the larger the entity, the more obvious the downward trend.

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