🕯️ Trading Basics #3 – What Is a Candle in Trading?

Candlesticks are the language of price action. Learn to read them — they reveal market psychology in a glance.

🟢 What Is a Candle?

1️⃣ Candle = 4 data points: Open, Close, High, Low.

2️⃣ Body: The fat part shows the range between open and close.

3️⃣ Wicks (Shadows): The thin lines show highest and lowest prices during that time.

4️⃣ Green Candle: Close > Open → Bullish (price went up).

5️⃣ Red Candle: Open > Close → Bearish (price went down).

📊 Timeframes Matter

1️⃣ Each candle = specific time (1m, 1h, 1D etc).

2️⃣ 1D candle: Shows full day's price action.

3️⃣ Traders use smaller TFs for entries, larger for trend direction.

🧠 Final Tip: Master candles first — they’re your roadmap on the chart.

#CandlestickBasics #cryptotrading #TradingView #LearnCrypto #ChartReading #DYOR #BinanceTraders $LINK $XLM $BTC