A buddy of mine has mastered several K-line patterns, turning small accounts into big profits, and has been sharing insights on Moments recently. He summarized a set of patterns, such as the ascending flag and ascending triangle in bullish markets, and the descending flag and descending triangle during declines, each with its own unique trend rhythm.
The key is that he emphasizes the importance of setting stop-loss and take-profit levels. For example, in the ascending triangle pattern, the price gradually climbs with narrowing fluctuations, so where to place the take-profit and stop-loss levels is very particular. Another example is the descending flag; during a downtrend, the price may have a brief respite and consolidation, which also hides trading opportunities.
Understanding these pattern characteristics can indeed help you trade with more confidence. But to be honest, risk in the crypto world always comes first. These are just learning references; always think twice before placing real money orders.
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ImpermanentPhilosopher
· 01-09 01:00
Sounds good, but if this guy could really achieve stable compound interest, he would have been rich long ago.
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I've also looked at candlestick patterns, but the key is still mindset. No one dies from stop-losses when losing money.
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Flag shapes, triangles, and the like—after playing with them for so long, I still feel the market can turn at any time. Technical analysis is never reliable.
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Most of the stuff shared on social media, nine out of ten end up losing money. First, see how his account is doing before talking.
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Anyone can set stop-loss and take-profit points; the hard part is executing them. I know the principles but still get caught in trades.
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The most honest thing in the crypto world is the last sentence; everything else is nonsense.
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No matter how good the patterns are, they can't withstand a sudden news event. I've experienced this myself.
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A small account turning into a big return—what does that mean? High risk leverage, and it can go back to zero immediately with a different market condition.
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UncleWhale
· 01-08 22:41
Sounds like this guy has pretty good luck. K-line patterns are ultimately a game of probability.
Stop-loss and take-profit are indeed important, but in the crypto world, when volatility kicks in, any pattern is useless. I've seen too many people get wrecked here.
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AirdropHunterWang
· 01-08 17:01
Hey, this theory sounds good, but I still think you need to experience some losses to truly understand.
Honestly, candlestick patterns are like weather forecasts—just a probability game, nothing absolute.
I agree with stop-loss and take-profit; they can really save your life.
But whether that guy really consistently makes money or just got lucky with the market—it's hard to tell the difference.
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RektDetective
· 01-06 09:59
It sounds like this guy has thoroughly reviewed it, but honestly, 99% of people can understand candlestick patterns, and only 1% can make money.
Even fewer can stick to stop-loss and take-profit strategies; most are still being educated through liquidation experiences.
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MerkleMaid
· 01-06 09:55
Sounds good, but I still say the same thing: no matter how perfect the candlestick patterns are, they can't save greedy people.
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Setting stop-loss and take-profit is easy to say but really hard to do. When your mindset collapses, all technical skills are useless.
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There are many cases of small accounts growing big, but how many can survive and walk away intact?
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The flag pattern triangle does make some people money, but I don't know if it's luck or real skill. Anyway, I've seen more people lose money.
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The crypto world is always about risk first. If you don't understand this premise, everything you learn is pointless.
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The key is execution. Knowing about stop-loss and take-profit and actually doing it according to discipline is a world apart.
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OfflineNewbie
· 01-06 09:54
Haha, it's the same old story. Mastering candlestick patterns is easy to say but really difficult to control risk.
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ForkThisDAO
· 01-06 09:42
Stop-loss and take-profit are indeed important, but I still believe that for most people, learning patterns is pointless; mindset is the most difficult part.
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MemeEchoer
· 01-06 09:40
It's the same old story. It sounds nice, but where are the ones truly making big money?
A buddy of mine has mastered several K-line patterns, turning small accounts into big profits, and has been sharing insights on Moments recently. He summarized a set of patterns, such as the ascending flag and ascending triangle in bullish markets, and the descending flag and descending triangle during declines, each with its own unique trend rhythm.
The key is that he emphasizes the importance of setting stop-loss and take-profit levels. For example, in the ascending triangle pattern, the price gradually climbs with narrowing fluctuations, so where to place the take-profit and stop-loss levels is very particular. Another example is the descending flag; during a downtrend, the price may have a brief respite and consolidation, which also hides trading opportunities.
Understanding these pattern characteristics can indeed help you trade with more confidence. But to be honest, risk in the crypto world always comes first. These are just learning references; always think twice before placing real money orders.