Why look at the 4-hour, 1-hour, and 15-minute Candlestick charts?

Brothers, after years of struggling in the crypto circle, I've seen too many people get repeatedly rubbed by the market because they stubbornly cling to a single cycle of Candlestick. Today, I’m sharing my top-secret skill – the multi-cycle Candlestick trading method, just three steps to directly grasp the trend, points, and timing!
1. 4-hour Candlestick: The "Dinghai Shenzhen" of Trends
This thing is like a GPS for the crypto world, helping you find the right direction amidst the vast fluctuations. Don't underestimate this 4-hour Candlestick; it filters out the noise of intraday movements, making the trend clear at a glance:
Upward trend: Highs and lows rise like steps, and at this time, pullbacks are opportunities to make money, so act decisively and buy the dips!
Downtrend: Highs and lows are sliding down all the way, and the rebounds are like crocodile tears. Don't get carried away; finding opportunities to short is the right path.
Sideways Consolidation: The price is jumping back and forth within a range. Frequent trading during this time only results in paying fees to the exchange, so it is advisable to stay calm and watch.
Remember, in the cryptocurrency world, you can only profit by following the trend; going against the trend is like joking with real money!
2. 1 Hour Candlestick: Precisely Locate the "Battlefield"
The general direction is set, and the 1-hour Candlestick chart is our "battle map." At this point, focus on finding support and resistance levels:
Trend lines, moving averages, and previous lows serve as the market's "moat". When the price approaches these levels, there is often support, making them potential entry points.
Previous highs, key resistance levels, combined with the top formation, signal a retreat. It's time to take profits and reduce positions.
3. 15-Minute Candlestick: The "Last Second" to Pull the Trigger
15-minute Candlestick charts should not be used to judge trends; they are only responsible for helping you find the best entry points! Just like a sniper waiting for the prey to show a flaw, we should wait for these signals:
The key price level shows an engulfing pattern, bottom divergence, or a golden cross signal; this is the right time to take action.
Pay attention to the trading volume! Breakouts without volume are just tricks and are likely false breakouts. You must see an increase in trading volume before entering the market.
Multi-period Combination Practical Formula
Set direction: first look at the trend on the 4-hour chart, knowing whether to go long or short.
Draw circles: Mark support and resistance areas on the 1-hour chart to lock in entry range;
Signal: Reversal signal appears on the 15-minute chart, decisively pull the trigger!
Guide to Avoiding Pitfalls: Summary of Heavy Losses
When several cycles are conflicting, don't force yourself to jump in; staying in cash and observing is better than losing money.
Short-term fluctuations are fast, so you must set stop-losses properly; otherwise, you could be swept away in minutes.
Trend, position, and timing are all essential; don't rely on gut feelings to guess blindly, using this method is the true path!
I have used this method for more than two years, and it has become my "trading muscle memory". To be honest, there is no trading holy grail; the key is to review and summarize more, turning these methods into your own. If anyone has practical insights, let's chat in the comments so we can avoid detours in the crypto world together!
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