Did you know that Japanese candles reveal a lot about the upcoming market movement ⚠️🤔 Japanese candles are one of the most effective technical analysis tools in the trading world, with origins dating back to the 18th century when Japanese rice traders used them to track price movements. Today, this method has become essential for traders worldwide due to its accuracy in revealing market sentiments and signaling potential reversals.$ETH

Each candle represents a specific time period (hour, day, week...) and displays four main elements: opening price, closing price, high, and low. When the body of the candle is green or white, it indicates a price increase, while the red or black color indicates a decrease. $XRP

Among the famous candle patterns are: the Hammer, which indicates a bullish reversal, and the Hanging Man, which warns of a potential collapse. Also, patterns like the Engulfing candle and the Morning Star provide strong signals of a trend change. $BNB

In short, Japanese candles are an indispensable tool for understanding the language of the market, but they require practice and experience to accurately extract their signals. Are you ready to master this art? 🚀#BinanceAlphaAlert #AltcoinETFsPostponed #AbuDhabiStablecoin