Binance Square

شمعة

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Yousef AD
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"Binance candlestick is a way to understand price movement in financial markets, especially in the cryptocurrency world. Japanese candlesticks are used to display price data over different time periods (such as a minute, hour, or day). Here's what you need to know about Japanese candlesticks and how to read them: **Components of a Japanese candlestick:** 1-Body: The colored part. If the candlestick is bullish (the price closed higher than the opening price), the body is usually green. If it is bearish (the price closed lower), the body is red. 2-Wicks: The thin lines that indicate the highest and lowest prices during the candlestick period. 3-Open price: The price at the start of the period. 4-High price: The highest price the market reached. 5-Low price: The lowest price the market reached. 6-Close price: The price at the end of the period. How to read Binance candlestick: - Bullish candle: It means that the price closed higher than the opening price, indicating a rise in the market. - Bearish candle: It means that the price closed lower, indicating a Market down. - Body length: reflects the strength of the trend – long body means greater strength, short body may mean hesitation. - Long tails: indicate strong pressure on prices, indicating strong resistance or support. Using candles, traders can analyze the market and make good investment decisions. $XRP $ETH $BNB #RideTheKaiaWave #شمعة #تحليل
"Binance candlestick is a way to understand price movement in financial markets, especially in the cryptocurrency world. Japanese candlesticks are used to display price data over different time periods (such as a minute, hour, or day). Here's what you need to know about Japanese candlesticks and how to read them:
**Components of a Japanese candlestick:**
1-Body: The colored part. If the candlestick is bullish (the price closed higher than the opening price), the body is usually green. If it is bearish (the price closed lower), the body is red.
2-Wicks: The thin lines that indicate the highest and lowest prices during the candlestick period.
3-Open price: The price at the start of the period.
4-High price: The highest price the market reached.
5-Low price: The lowest price the market reached.
6-Close price: The price at the end of the period.
How to read Binance candlestick:
- Bullish candle: It means that the price closed higher than the opening price, indicating a rise in the market.
- Bearish candle: It means that the price closed lower, indicating a Market down.
- Body length: reflects the strength of the trend – long body means greater strength, short body may mean hesitation.
- Long tails: indicate strong pressure on prices, indicating strong resistance or support.
Using candles, traders can analyze the market and make good investment decisions.

$XRP
$ETH
$BNB
#RideTheKaiaWave
#شمعة
#تحليل
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Bullish
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#شمعة The Hammer is one of the most well-known candlestick patterns used in technical analysis. It is a reversal candle that typically appears after a downtrend, indicating a potential reversal in the direction towards upward. 2. Characteristics of the Hammer Candle: - Small Body: Located at the top of the candle, it can be green (bullish) or red (bearish). - Long Lower Shadow: Its length should be at least twice the length of the body, indicating rejection of lower prices. - Short or Absent Upper Shadow: Indicates that sellers have lost control by the end of the session. 3. Interpretation of the Hammer Candle Appearance: - Initially, sellers push the price down, leading to the formation of the long lower shadow. - Later, buyers enter strongly, pushing the price back up to close near the opening price. - This indicates that the market may reverse to an upward direction, especially if followed by confirmation with a strong bullish candle. 4. Signal Strength: - The hammer signal becomes stronger if it appears at strong support levels. - Reliability increases if followed by a strong bullish candle confirming the reversal. - High trading volume during the formation of the hammer enhances its strength.
#شمعة The Hammer is one of the most well-known candlestick patterns used in technical analysis. It is a reversal candle that typically appears after a downtrend, indicating a potential reversal in the direction towards upward.
2. Characteristics of the Hammer Candle:
- Small Body: Located at the top of the candle, it can be green (bullish) or red (bearish).
- Long Lower Shadow: Its length should be at least twice the length of the body, indicating rejection of lower prices.
- Short or Absent Upper Shadow: Indicates that sellers have lost control by the end of the session.
3. Interpretation of the Hammer Candle Appearance:
- Initially, sellers push the price down, leading to the formation of the long lower shadow.
- Later, buyers enter strongly, pushing the price back up to close near the opening price.
- This indicates that the market may reverse to an upward direction, especially if followed by confirmation with a strong bullish candle.
4. Signal Strength:
- The hammer signal becomes stronger if it appears at strong support levels.
- Reliability increases if followed by a strong bullish candle confirming the reversal.
- High trading volume during the formation of the hammer enhances its strength.
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