#看懂K线 3 minutes to understand candlestick charts! Even beginners in the crypto world can quickly grasp the rise and fall signals.

Just entered the crypto world and confused looking at candlestick charts? Don't worry! Today, I'll introduce you to this 'treasure map of the crypto world', and in just a few simple steps, you'll understand market sentiment!

What is a candlestick?

Imagine a series of small candles (which is why it's also called candlestick charts), it records the opening price, closing price, highest price, and lowest price of a cryptocurrency over a specific time period (for example, 1 minute, 1 hour, 1 day).

Real body (the thick part):

Green (or white): Closing price > Opening price = Rise! The larger the body, the stronger the rise.

Red (or black): Closing price < Opening price = Fall! The larger the body, the sharper the fall.

Wicks (the thin lines above and below):

Upper wick: The line from the highest price to the real body. The longer it is, the more it indicates that the price went up but was pushed back down, showing strong overhead resistance!

Lower wick: The line from the lowest price to the real body. The longer it is, the more it indicates that the price went down but was bought back up, showing strong support below!