$PI Less action and more observation is the best approach. When the trend is unclear, you need to wait. As mentioned this morning, if you're only looking at the naked K-line, you must wait until the closing of the line. For the 1-hour chart, you need to wait until the hour ends to determine the general trend of the next hour. This morning's example was based on the 4-hour chart. No more nonsense, let's get straight to the chart.
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WallStreetTrendResearch
· 9h ago
Go check out the 3-minute chart now; it's very beautiful, showing a large bullish candlestick forming a foundation.
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WallStreetTrendResearch
· 10h ago
The current market is once again almost dead, mainly stuck in the 30-minute trend segment.
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WallStreetTrendResearch
· 10h ago
Cryptocurrency is an overall market, and most varieties are interconnected. Currently, Bitcoin is at the center of the crypto market; when it drops, most cryptocurrencies tend to fall as well. Stock trading also has sector interconnectivity.
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WallStreetTrendResearch
· 10h ago
After the large bullish candle at 0:00 on February 2, three bearish candles appeared, but none of them closed below the lowest price of the large bullish candle at 0.154. If the closing price had fallen below, it would indicate weakness. So, by analogy, this can be extended to longer timeframes.
$PI Less action and more observation is the best approach. When the trend is unclear, you need to wait. As mentioned this morning, if you're only looking at the naked K-line, you must wait until the closing of the line. For the 1-hour chart, you need to wait until the hour ends to determine the general trend of the next hour. This morning's example was based on the 4-hour chart. No more nonsense, let's get straight to the chart.