1、K-line explanation (1) What is k-line K-line is an important indicator to predict short-term market in digital currency. The price trend, volume, highest and lowest point of any coin and other basic level information can be shown in the K-line chart. So it is crucial for a novice bitcoin player to read the K-chart. K-line charts, also known as candlestick charts, are drawn with the opening, high, low and closing prices of each analysis period. In other words, we can visually get the price trend of bitcoin at a specific time from the K-line chart of bitcoin. By analyzing the K-line chart, investors can make a prediction of the trend of bitcoin market and thus decide the means of investment. (2) How to see the K-line In the digital currency market, green represents positives and red represents negatives. With the K-line chart, we are able to fully document the performance of the cryptocurrency market conditions for each analysis cycle. After the coin price has been in the disk file for a period of time, a special area or pattern is formed on the chart, and different patterns show different meanings. Different patterns show different meanings. We can figure out some patterns from the changes of these patterns. Generally speaking, K-line chart patterns can be divided into reversal patterns, finishing patterns and gaps and convergence lines, etc. Look at the yin and yang That is, look at the direction. Take the positive line, for example, after a period of more than the game, the closing higher than the opening indicates that the long side has the upper hand, according to Newton's theorem of mechanics, in the absence of external forces in the price will still run in the original direction and speed, so the positive line indicates that the next phase will continue to rise, at least to ensure that the next phase of the initial inertia upward. Therefore, the positive line often indicates that continue to rise, which is also extremely consistent with technical analysis in one of the three assumptions of the stock price fluctuations along the trend, and this trend is also the core idea of technical analysis. The same can be said for the negative line continues to fall. Look at the size of the entity The larger the entity, the more obvious the upward or downward trend, while the opposite trend is not obvious. Take the positive line, for example, the entity is the closing higher than the opening of the part, the larger the entity of the positive line shows the more power, such as the greater the quality and speed of the object, the greater the inertial impulse of physics, the larger the entity of the positive line represents its internal upward momentum is also greater, its upward momentum will be greater than the entity of the small positive line. By the same token, the larger the entity of the negative line, the greater the downward momentum. Look at the length of the shadow line Shadow line represents a turn signal, the longer the shadow line in one direction, the more unfavorable to the stock price change in this direction, that is, the longer the shadow line, the more unfavorable to the stock price, the longer the shadow line, the more unfavorable to the stock price decline. To the upper shadow line, for example, after a period of struggle between more and less, the more finally lost, a snake bite, ten years afraid of the well rope, regardless of the K line is Yin or Yang, the upper shadow line part has constituted the next stage of the upper resistance, the probability of downward adjustment of the stock price is large. The same can be said for the lower shadow line, which indicates the probability of an upward attack on the stock price. 2, cryptocurrency arbitrage in addition to rely on scientific methods, but also find ways to save money. One of the easiest ways to do this is to take advantage of transaction fees. The handling fee is small, but it must not be ignored. I once calculated that as long as the transactions are frequent and long, the accumulated amount may exceed 10,000 U. Next, I will introduce several common ways to reduce the fees for large trading platforms. (1) Reduce Binance's fees Binance is currently the world's largest digital currency exchange, you must sign up for Binance if you speculate in coins. The transaction fee will be deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at 3,452.55USDT per share. Transaction fee = 10Ethereum0.1%=0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum3,452.55USDT)*0.1%=34.5255USDT What many people don't know is that Binance transaction fees can also be reduced. If you want to reduce the Binance transaction fees, you must use the invitation link below or use the invitation code "Q022W7SC" to register. https://accounts.binance.com/en/register?ref=Q022W7SC

(2) Reducing OKX fees OKX is a professional digital currency trading platform that is loved by many users, and its trading fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: general and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset volume. The different levels determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level among them. The first method: OKX official set the maximum saving percentage is 20%. Use the following link to register with OKX and save 20% on fees. https://www.ouyi.business/join/BTC1ETH The second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, or you can not get 20% cashback percentage. (3) reduce FTX fees FTX is currently growing very quickly, the contract players more exchanges, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. https://ftx.com/referrals#a=121031692 3, trading road is long, together with the forward Want to learn more about ways to reduce the commission? telegram: btcethcool We have established a community dedicated to the study of trading, add telegram friends to pull you into the community.