How to view the Bitcoin market_K-line chart interpretation and technical indicators
Jul 17, 2025 pm 11:36 PMHow to view the Bitcoin market_K-line chart interpretation and technical indicators
1. What is a K-line chart?
The Candlestick Chart is a chart used to show the price trend in a certain period of time, including four core data: opening price, closing price, highest price and lowest price .
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Binance
Direct to the official website:
Android installation package download:
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Ouyi OKX ?
Direct to the official website:
Android installation package download:
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Huobi Huobi?
Direct to the official website:
Android installation package download:
Each K-line usually includes:
- Entity: Connect the opening price and the closing price, rising to red/green, falling to blue/black (depending on the platform color scheme)
- Upper shadow line: the line segment between the highest price and the top of the entity
- Lower shadow line: the line segment between the lowest price and the bottom of the entity
K-line cycle:
- 1 minute, 5 minutes: suitable for short-term and intraday trading
- 1 hour, 4 hours: suitable for bands and trend trading
- Daily K, Weekly K, Monthly K: Suitable for medium- and long-term investment analysis
2. How do you view the K-line trend of Bitcoin?
By observing the arrangement of the K-line, you can judge the market trend, pressure and support levels .
Typical K-line pattern example:
- Bald head and barefoot big positive line: strong upward signal, strong buying
- Long upper shadow line: the selling pressure above is large, and it may turn to a decline
- Cross star: The power of long and short is balanced, the market may reverse
Trend recognition points:
- If a series of rising K-lines appear continuously → bullish trend
- If the highs and lows continue to move downward → bear trend
- During consolidation and fluctuation, the K-line entity is short and the intersection is obvious
3. Introduction to common technical indicators
In addition to the K-line itself, technical indicators can also be superimposed on the chart to help judge the market.
1. Moving Average (MA)
- Indicates the average price in a certain period
- For example, MA7 and MA30, the short-term moving average crosses the long-term moving average , which is a gold cross, and a bullish signal
2. Relative Strength Indicators (RSI)
- Measure the market overbought and oversold
- RSI > 70 May Overbought; RSI
3. MACD indicators
- Consisting of fast, slow and bar chart
- The fast line crosses the slow line upwards, and the bar chart turns from negative to positive → bullish signal
4. Recommended platform for practical market viewing
- TradingView: Comprehensive functions, suitable for professional chart analysis
- Binance: Built-in basic charts and indicators, suitable for beginners
- CoinMarketCap: suitable for viewing currency market and market capitalization trends
5. Things to note for beginners
- Avoid judging the market based on just one or two K-lines, and combining trends and trading volumes is more effective
- Technical analysis is only a probability tool, and it needs to be comprehensively judged based on macro and news.
- Do more simulated trading and be familiar with the interaction of K-line patterns and indicators
Conclusion
Learning to look at the K-line chart is one of the basic skills to enter the currency circle. Cooperating with the application of technical indicators, it can effectively improve the accuracy of trading strategies. It is recommended to start from daily K and weekly K to observe the trend, and then gradually transition to short-term charts to build your own trading logic and rhythm.
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