Why look at the 4-hour, 1-hour, and 15-minute Candlestick?

Many people in the crypto space keep falling into pitfalls because they only focus on one cycle.

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

1. 4-hour Candlestick: Determines the big direction for you to go long or short.
This period is long enough to filter out short-term noise and clearly see the trend:
•Uptrend: High points and low points rise together → Buy on dips
•Downtrend: Highs and lows decrease simultaneously → Short on rebound
• Sideways Consolidation: Prices fluctuate within a range, making it easy to get caught on both sides; frequent trading is not recommended.

Remember this: only by following the trend can you have a winning rate; going against the trend will only cost you money.

2. 1-hour Candlestick: Used to delineate ranges and find key levels.
Once the major trend is established, the 1-hour chart can help you find support/resistance:
•Near the trend line, moving averages, and previous lows are potential entry points.
• Approaching previous highs, significant resistance, and the emergence of a top pattern means it's time to consider taking profits or reducing positions.

Three, 15-minute Candlestick: Only do the final "firing action"
This period is specifically used to find entry opportunities, not to observe trends:
• Wait for key price levels to show small cycle reversal signals (engulfing, bottom divergence, golden cross) before taking action.
• The trading volume needs to be released; only then is the breakout reliable, otherwise it is easy to have false moves.

How to combine multiple timeframes?
1. Determine the direction first: use the 4-hour chart to choose whether to go long or short.
2. Find the entry zone: Use the 1-hour chart to mark out support or resistance areas.
3. Accurate Entry: Use the 15-minute chart to find the signal for the final push.

A few additional points:
•If the directions of several periods conflict, it is better to stay in cash and observe, rather than making uncertain trades.
• Short-term fluctuations are fast; always use stop-loss to prevent being repeatedly stopped out.
• The combination of trend, position, and timing is much better than blindly guessing while staring at the chart.

I have been using this multi-timeframe Candlestick method for over 2 years, and it is a stable output base configuration. Whether you can use it well depends on whether you are willing to look at more charts and summarize more.