🕯️ Japanese Candlesticks Simply for Beginners

Japanese candlesticks are an easy way to read price movement in the crypto market. Each candle represents a time period (like 1 hour or 1 day), and shows:

Opening and closing prices (the body of the candle)

Highest and lowest prices (the upper and lower wicks)

🔴 Red Candle = Downtrend (closing is less than opening)

🟢 Green Candle = Uptrend (closing is greater than opening)

📌 Key Patterns to Note:

1. Hammer Candle:

Long lower wick – may indicate a bullish reversal.

2. Shooting Star Candle:

Long upper wick – may indicate the start of a downtrend.

3. Doji:

Very small body – the market is in a state of indecision.

🎯 **Why are Candles Important?**

✅ Show who is stronger: buyers or sellers

✅ Help time buying or selling

✅ Easy to understand and suitable for all traders

💡 Learning about candles is the first step to confidently understanding the market!

#TechnicalAnalysis #CurrencyTrading #CryptoTrading

#JapaneseCandlesticks #CryptoTrading #TechnicalAnalysis #CryptoEducation