🕯️Candles in Share Market💹

Candles, also known as candlestick charts, are a popular tool used in technical analysis to represent price movements of a stock within a specific time frame. Each candle shows four key data points:

1. Open price

2. Close price

3. High price

4. Low price

A green (or white) candle indicates that the price closed higher than it opened (bullish), while a red (or black) candle shows the price closed lower than it opened (bearish).$SOL $DOT

Candlestick patterns—like Doji, Hammer, Shooting Star, and Engulfing—help traders predict future price movements by analyzing market sentiment and trend reversals.

These candles are essential for decision-making in day trading, swing trading, and long-term investing.#ETHBreaks3700 #PowellVsTrump #candlestick