$BTC 🕯️ Candlestick Basics
Each bar (candle) shows one day's price movement:
Wick (thin line): The full price range (High to Low)
Body (thick part):
Green = Price went up (Close > Open)
Red = Price went down (Close < Open)
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🧠 How to Read This Chart
Let’s look at a few candles:
✅ Day 1 (Green Candle)
Opened at $100
Closed at $104 → Price increased
Highest price was $106, lowest was $98 → Buyers were strong.
❌ Day 2 (Red Candle)
Opened at $105
Closed at $102 → Price dropped
Shows selling pressure
🔼 Day 6–7 (Green Candles)
Price climbed steadily → Possible uptrend
Volume (not shown here) would confirm strength
🔁 Day 8 (Red Candle, small change)
Small body with long wicks → Indecision or reversal warning