Cryptocurrency trading, it is crucial to grasp the short-term entry point and identify the characteristics of the short-term bottom. Today, I will share several types of short-term bottom patterns with you. It is recommended to bookmark and share!

Bottom shape: the larger the cycle, the better

(1) Characteristics of a bottom with a long lower shadow
A cross or small yang line with a long lower shadow that appears after a continuous decline, with the length of the lower shadow far exceeding the length of the candlestick body.

(2) Characteristics of the bottom of a large candlestick
After a sharp decline, there is a pump candlestick pattern close to a bald head, with the phenomenon of yang wrapping yin, accompanied by the short-term bottoming feature of heavy volume.

(3) Characteristics of the bottom of the hammer candlestick
The hammer K-line refers to the highest price being equal to the opening price or closing price, and the lower shadow of the K-line is more than twice the body of the K-line. From the candlestick chart, it looks like a hammer head on top, and the handle of the hammer is pointing down. This kind of K-line bottoming form appears not often, but is relatively effective.

Cryptocurrency speculation, mainly relies on oneself. If you understand the technology, it is solid knowledge. Then, combined with the market trends, you experience, understand, and verify, and naturally remember. Through long-term accumulation and experience, you may be able to handle it with ease. #BTC #ETH