Learn the basics of stock K-line in one picture
Have you ever wondered what those red and green lines on the stock chart represent? They are the K-line charts we are going to explore in depth today, also known as candlestick charts, Japanese lines or yin-yang lines. ️
The history of the K-line chart can be traced back to the Tokugawa Shogunate period in Japan in the 18th century, when it was used to record the daily rise and fall of the rice market. Due to its unique representation method, the K-line was gradually introduced into the price trend analysis of the stock market.
The basic composition of the K-line is like a painting, consisting of two parts: the shadow line and the body. The shadow line is divided into the upper shadow line and the lower shadow line, representing the highest and lowest prices of the day's trading respectively. The body part is divided into the positive line and the negative line, indicating the opening price and closing price of the day.
According to the calculation period of the K-line, we can divide it into daily K-line, weekly K-line, monthly K-line and annual K-line. Imagine that the weekly K-line is like your work summary for a week, while the monthly K-line and annual K-line are more like your quarterly or annual report.
Weekly and monthly K-lines are often used to judge the mid-term market due to their long span, helping investors capture larger market trends.
In general, the K-line chart is like the "language" of the stock market. It tells us the market's sentiment, strength and trend in a simple and intuitive way. Mastering the language of K-lines will enable you to better communicate with the market and discover more investment opportunities. #加密市场急跌 #非农就业数据即将公布 #BTC走势分析 #BNBChainMemeCoin #Telegram创始人获保释 $BTC $ETH