What does the K-line graph of digital currency mean
K-line chart is also called yin-yang chart. Through the K-line chart, we can completely record the market performance of a day or a certain period. After a period of time, the stock price will form a special area or form on the chart, and different forms show different meanings
the view of K-line chart: K-line chart contains four data, namely opening price, highest price, lowest price and closing price. All k-lines are around these four data to reflect the general situation and price information
extended data:
K-line chart this chart originated from budenafa City, Japan. It was used by businessmen in the Japanese tea market to record the tea market and price fluctuations at that time. Later, it was introced to the stock market and futures market because of its exquisite and unique way of plotting. This kind of chart analysis method is particularly popular in China and even in Southeast Asia. Because the chart drawn in this way looks like a candle, and these candles are black and white, it is also called yin-yang chart
through the K-line chart, we can completely record the daily or a certain period of market performance. After a period of time, the stock price will form a special area or form on the chart, and different forms show different meanings. We can find out some regular things from these morphological changes. The shape of K-line diagram can be divided into reverse shape, finishing shape, gap and trend line
the drawing method of K-line chart in stock market and futures market includes four data, namely opening price, maximum price, minimum price and closing price. All k-lines are based on these four data to reflect the general situation and price information. If you put the daily K-line chart on a piece of paper, you can get the daily K-line chart, as well as weekly K-line chart and monthly K-line chart. If investors need to make short-term investment, they can use short-term graphs to do price analysis, such as 5 minutes, 30 minutes, 60 minutes and so on
State Street investment explains to you the meaning of the various colored lines on the K-line chart: red box: the rising trend, representing that the real-time stock price is higher than the opening price; Blue box: is the trend of decline, on behalf of the real-time stock price lower than the opening price; The white line, pink line, yellow line, green line and red line represent 5 / 10 / 20 / 30 / 60 / 120 daily moving average respectively. The same color line corresponds to the number, which is the average stock price of different days. Some software average color is not necessarily the same, but the meaning is the same; Specifically, if you look at the K-line chart, there is the color behind the value of MA in the upper left corner. For example, 5 is followed by yellow, 10 is followed by pink, which means that the average price of 5 days is represented by yellow line, the average price of 10 days is represented by pink line, and so on.
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