Teach You to Understand Candlesticks in Seconds

#Dogecoin基金会启动DOGE储备 In financial investment, candlestick charts are considered a key tool, clearly showing the price fluctuations of financial assets such as stocks, foreign exchange, and futures over specific periods. It combines the advantages of line charts and bar charts, presenting key price information such as opening price, closing price, highest price, and lowest price in an intuitive and concise graphical form. Because it originated in Japan, it is also called Japanese candlestick charts. The core of understanding candlestick charts lies in distinguishing between bullish and bearish candles. When the closing price is higher than the opening price, it forms a bullish candle, indicating a price increase; the longer the bullish candle body, the greater the increase. Conversely, when the closing price is lower than the opening price, it forms a bearish candle, representing a price decrease; the longer the bearish candle body, the deeper the decline. By understanding bullish and bearish candles, one can quickly grasp price trends and provide a strong basis for investment decisions.