Crypto Candlestick Basics – What Do They Tell You? 🕯️
If you're just starting out in crypto trading, candlesticks might look confusing — but they’re actually packed with useful info! Here's what to look for:
✅ Body = Price range between open and close
✅ Wick (Shadow) = Highest and lowest price
✅ Green candle = Price closed higher (bullish)
✅ Red candle = Price closed lower (bearish)
Understanding candlestick patterns can help you spot trends, reversals, and trading opportunities. Start by observing the most common ones like Doji, Hammer, and Engulfing patterns.
Pro Tip: Combine candlestick analysis with volume and support/resistance levels for better accuracy.
📚 Learn more here: Binance Academy - Candlestick Patterns
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