Why look at the 4-hour, 1-hour, and 15-minute candlesticks!

In the crypto world for 8 years, I used to focus only on the 1-minute chart, with my heart racing frequently, always caught up in gains and losses, often buying high or selling low. Later, I met a big shot in the industry, and with just a little guidance from him, I realized it was so simple. Our problem was focusing only on one time frame. Today, I will talk about my commonly used multi-timeframe candlestick trading method, which involves three simple steps: grasping the direction, finding the entry point, and timing the trade.

1. 4-hour K-line: Determines the overall direction of whether you go long or short.
This cycle is long enough to filter out short-term noise and clearly see the trend:
•Uptrend: High points and low points rise simultaneously → Buy on dips
•Downtrend: Highs and lows are decreasing simultaneously → Short on rebound
•Sideways consolidation: Prices fluctuate within a range, making it easy to get caught off guard; frequent trading is not recommended.
Remember one thing: only by following the trend can you have a winning rate; going against the trend will only lead to losses.
2. 1-hour K-line: used to define ranges and identify key levels.
Once the trend is established, the 1-hour chart can help you identify support/resistance:
• Approaching trend lines, moving averages, and previous lows are potential entry points.
• Approaching previous highs, important resistance, and the emergence of a top pattern, it's time to consider taking profits or reducing positions.
3. 15-minute K-line: Only take the "boarding action" at the back.
This cycle is specifically used to find entry opportunities, not for observing trends.
• Wait for key price levels to show small cycle reversal signals (engulfing, bottom divergence, golden cross) before taking action.
• The trading volume needs to be released; only then can a breakout be reliable, otherwise, it is easy to have false moves.
How to combine multiple timeframes?
1. Set the direction first: choose whether to go long or short using the 4-hour chart.
2. Find the entry zone: Use the 1-hour chart to mark out support or resistance areas.
3. Precise Entry: Use the 15-minute chart to find the signal for the decisive moment.
A few additional points:
•If there is a conflict in direction over several cycles, it is better to stay in cash and observe, rather than making trades without confidence.
• Short-term fluctuations are fast, so a stop loss is needed to prevent being repeatedly stopped out.
• The combination of trend + position + timing is much better than blindly guessing at the chart.
This multi-timeframe candlestick method has been my stable output base configuration for over 6 years. Whether you can use it well depends on whether you are willing to look at more charts and summarize more! #BTC #ETH