My friend, the topic of candles in trading is like reading the language of the market, and each candle tells a small story about what happened in a certain time period. Let's understand it simply:
What does the candle look like?
The candle has three main parts:
* Body: This is the thick part of the candle, and it shows you the difference between the opening price and the closing price during this period.
* Upper Wick or Shadow: This is the line above the body, and it shows you the highest price the stock or currency reached during this period.
* Lower Wick or Shadow: $BTC 
This is the line below the body, and it shows you the lowest price the stock or currency reached during this period.
When do we say "this is a buying candle" (usually it is green or white)?
This candle indicates that the closing price was higher than the opening price. Imagine the market started at a low price and then buyers outperformed sellers, raising the price until it closed higher than it started. This is a signal that there is buying strength in the market and the price may continue to rise.
When do we say "this is a selling candle" (usually it is red or black)?
This candle indicates that the closing price was lower than the opening price. This means that the market started at a high price and then sellers outpowered buyers, dropping the price until it closed lower than it started. This is a signal that there is selling pressure in the market and the price may continue to decline.
In a very simplified way:
* Long green candle: This indicates that buyers were very strong throughout this period and pushed the price up. This is usually a strong buying signal.
* Long red candle: This indicates that sellers were very strong throughout this period and pushed the price down. This is usually a strong selling signal.
* Small candles: They indicate that there is no clear control, neither buyers nor sellers are dominant, and the market is confused.
It's very important to know:$XRP
* One candle is not enough: You can't rely on just one candle to make a buying or selling decision. You need to look at the candles before and after it and see if there are any specific patterns.
* Context is important: The position of this candle on the chart is very important. A buying candle that appeared after a significant drop has a different meaning than when it appears after a significant rise.
* Other indicators: Professional traders use candles with other technical indicators to confirm signals.
Simple example:$BNB
Imagine you see a stock price dropping a lot and then a long green candle appears. This could be a signal that people started buying again and the price might go back up. But you also need to wait and see how the next candle behaves and what the other indicators are saying.
I hope this simple explanation has clarified the picture for you! If you have any other questions, I'm here.
