When you study Candlestick charts carefully, you will know how to make the first million in the crypto world.

Why look at the 4-hour, 1-hour, and 15-minute Candlestick?
Many people in the crypto world repeatedly fall into traps because they only focus on one cycle.

Today I will talk about my commonly used multi-period Candlestick trading method, which consists of three simple steps: grasping the direction, finding the points, and determining the timing.

1. 4-hour Candlestick: Determine the overall direction for going long or short.
This cycle is long enough to filter out short-term noise and clearly see the trend:
——Uptrend: Highs and lows rising together → Buy on dips
——Downtrend: High points and low points decrease simultaneously → Short on rebounds
——Consolidation: The price fluctuates repeatedly within a range, making it easy to get caught off guard. Frequent trading is not recommended.

Remember one thing: following the trend gives you a winning rate, going against it only means giving away money.

2. 1-hour Candlestick: Used to define ranges and find key levels.
Once the major trend is established, the 1-hour chart can help you identify support/resistance:
——Positions close to trend lines, moving averages, and previous lows are potential entry points.
——As it approaches the previous high, important resistance, and a top pattern appears, one should consider taking profits or reducing positions.

3. 15-minute Candlestick: Only execute the final "gunshot action".
This cycle is used to find entry opportunities, not to look at trends:
——Wait for key price levels to show small cycle reversal signals (engulfing, bottom divergence, golden cross) before taking action.
—— When the trading volume is released, the breakout is reliable; otherwise, it is easy to make false moves.

How to combine multiple timeframes?
1. First, set the direction: use the 4-hour chart to choose whether to go long or short.
2. Find Entry Zone: Use the 1-hour chart to mark out support or resistance areas.
3. Precise Entry: Use the 15-minute chart to find the signal for the final push.

⚠️A few additional points:
——If there are conflicting directions in several cycles, it is better to stay out of the market and observe, rather than making uncertain trades.
——Short-term fluctuations are fast, always set a stop loss to prevent being repeatedly liquidated.
——The combination of trend, position, and timing is much better than blindly guessing by staring at the chart.

I have been using this multi-timeframe Candlestick method for more than 3 years, and it is a stable output foundational setup. Whether you can use it well depends on whether you are willing to look at the charts more and summarize.