Japanese Candlesticks in Cryptocurrency Trading in Brief:

* Candles are the language of price: Each candle tells the story of the opening, closing, high, and low of the currency price over a time period.

* Body and shadows: The body shows the range of the underlying price movement, and the shadows indicate the peak and trough.

* Colors: Green for upward (closing higher than opening), and red for downward (closing lower than opening).

* Reversal patterns: Learn patterns like hammer, engulfing, and stars to anticipate changes in direction.

* Continuation patterns: Help confirm the continuation of the current trend.

* Strength and pressure: The size of the body and the length of the shadows reflect the strength of buyers or sellers.

* Context is crucial: Do not rely on a single candle; read it within the overall trend and support/resistance levels.

* Risk management: Candles help identify entry/exit points, but stop-loss is essential.

* Combining with indicators: Use them with RSI, moving averages, and trading volume to enhance analysis.

* Continuous training: Practicing on live charts improves your market reading skills.