What is a multi-party gun:
The multi-party gun is a K-line combination form, and the trend shows a K-line technical form of two yang and one yin.
The market significance of multi-party guns:
Two yang and one yin means that the bottom is consolidating repeatedly, which has the function of building a bottom to consolidate the bottom. Sometimes this kind of figure appears on the way up, which is the consolidation on the way by many parties in order to continue to launch the market upward. This is good for cleaning up floating profit chips and consolidating the foundation of the stock price.
Technical points:
1. The location where the multi-party cannon appears: the three K-line combination of two positive lines sandwiching one negative line that appears when breaking upward from the bottom consolidation platform, or appears on the way up;
2. For the negative line that appears the next day, the trading volume must shrink;
3. The closing price of the Yang line on the third day should be higher than the closing price of the first day, and the trading volume should also be higher than that on the first day. #BTC $ETH