GloryToTheLord
GloryToTheLord

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Tony Crypto Exchange-Contract Novice Village-How to Judge the Doji

There are many dojis in the form of K-line, how to make a correct judgment

There are many types of doji, the following are some reference materials, it is recommended to read them first.

What is the K line? 9 basic types of K-line and 16 types of changes that novices must know

The 16 most common candlestick patterns and how to use them

In the process of trading, the Doji is the most commonly used by everyone, and it is also the most often deceived. The reason is very simple. When the Doji appears, it means that the long and short sides are evenly matched. At this time, when judging whether it is a reversal signal, the How to do it?

Here are a few tips for newbies:

  1. Ascendant Doji, form catches the Evening Star, and ignores the rest. At the same time, it is necessary to pay attention to whether KD is in the overbought zone. If MACD is also a dead cross, the probability of a successful reversal will be greatly improved.
  2. Lower the cross star at the bottom, grab the dragonfly line, and shrink the amount. MACD Golden Cross. KD is in the oversold zone. At this time, the probability of reversal will also be greatly increased.
  3. Doji, which appears near a support or resistance level, also greatly increases the probability of a successful pattern.
  4. At any time, the volume contraction is a signal, and if the next volume increases, it is also a confirmation indicator.

In the process of operation, we must pay attention to the changes in price and volume, not all dojis are reversal indicators.

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