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"Red & Green Candles Explained – Your First Step to Reading Binance Charts"
🔴🟢 Red & Green Candles in Binance – What They Really Mean
If you’ve ever opened a Binance trading chart, you’ve definitely seen those red and green bars moving up and down. They’re called candlesticks – and trust me, they’re not just for decoration. These candles are one of the most powerful tools in crypto trading.
Let’s break it down simply 👇
$ETH
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🟢 What is a Green Candle?
A green candle means price went up during a specific time frame.
It shows:
The opening price was lower.
The closing price was higher.
Buyers (bulls) were stronger during that period.
Example:
If Bitcoin opened at $28,000 and closed at $28,500 — that candle will be green.
This shows buying pressure and upward movement.
---
$ETH
🔴 What is a Red Candle?
A red candle means price dropped during that time.
It shows:
The opening price was higher.
The closing price was lower.
Sellers (bears) dominated.
Example:
If Ethereum opened at $1,900 and closed at $1,850 — that candle will be red.
This shows selling pressure and downward movement.
---
📊 Why Candles Matter in Binance Trading
Every candle tells a story. It’s not just about red or green — it’s about momentum, reversal, and market psychology.
When traders study candle patterns, they can:
Predict breakouts
Spot trend reversals
Avoid fake signals
Some even use patterns like:
Doji
Engulfing
Hammer
Shooting Star
(to make better entry & exit decisions)
---
🕒 Time Frames Matter Too
Each candle represents a time frame you select:
1 Minute (scalping traders)
1 Hour (short-term)
4 Hour / 1 Day (swing traders & investors)
So a green 1-minute candle may mean nothing…
But a green daily candle? That’s big!
$ETH
---
⚠️ Final Tip for Beginners
Don’t just react to one candle.
Always check:
Support & resistance zones
Volume
Bigger trend
Multiple time frames
Candles give clues — not guaranteed answers.
---
✅ In Short:
Color Meaning Who’s in Control
🟢 Green Price went up Buyers (Bulls)
🔴 Red Price went down Sellers (Bears)
If you’ve ever opened a Binance trading chart, you’ve definitely seen those red and green bars moving up and down. They’re called candlesticks – and trust me, they’re not just for decoration. These candles are one of the most powerful tools in crypto trading.
Let’s break it down simply 👇
$ETH
---
🟢 What is a Green Candle?
A green candle means price went up during a specific time frame.
It shows:
The opening price was lower.
The closing price was higher.
Buyers (bulls) were stronger during that period.
Example:
If Bitcoin opened at $28,000 and closed at $28,500 — that candle will be green.
This shows buying pressure and upward movement.
---
$ETH
🔴 What is a Red Candle?
A red candle means price dropped during that time.
It shows:
The opening price was higher.
The closing price was lower.
Sellers (bears) dominated.
Example:
If Ethereum opened at $1,900 and closed at $1,850 — that candle will be red.
This shows selling pressure and downward movement.
---
📊 Why Candles Matter in Binance Trading
Every candle tells a story. It’s not just about red or green — it’s about momentum, reversal, and market psychology.
When traders study candle patterns, they can:
Predict breakouts
Spot trend reversals
Avoid fake signals
Some even use patterns like:
Doji
Engulfing
Hammer
Shooting Star
(to make better entry & exit decisions)
---
🕒 Time Frames Matter Too
Each candle represents a time frame you select:
1 Minute (scalping traders)
1 Hour (short-term)
4 Hour / 1 Day (swing traders & investors)
So a green 1-minute candle may mean nothing…
But a green daily candle? That’s big!
$ETH
---
⚠️ Final Tip for Beginners
Don’t just react to one candle.
Always check:
Support & resistance zones
Volume
Bigger trend
Multiple time frames
Candles give clues — not guaranteed answers.
---
✅ In Short:
Color Meaning Who’s in Control
🟢 Green Price went up Buyers (Bulls)
🔴 Red Price went down Sellers (Bears)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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