📈 START TRADING ON BINANCE? LEARN TO READ JAPANESE CANDLES TO BETTER UNDERSTAND THE MARKET
👉After reading, remember to like and share, it can really help other traders 🔁
When you open the Spot or Futures trading interface on Binance, you will notice that the main chart is in Japanese candles. This is not a coincidence! This type of chart is one of the most powerful tools for analyzing the market.
But what is a Japanese candle?
🔹 It is a visual representation of the price of a crypto over a given period (1min, 15min, 1h, 1d…).
🔹 Each candle displays 4 essential pieces of information: the opening price, closing price, highest, and lowest reached during the period.
🔹 The color of the candle (often green or red) indicates whether there was an increase or decrease.
Why is it so important?
✅ Because by learning to read classic patterns (hammer, doji, engulfing, etc.), you can anticipate trend reversals and better secure your trades.
✅ It also allows you to choose the right time to buy or sell, instead of acting randomly.
✅ Understanding candles gives you a clear advantage over those who trade blindly.
📌 On Binance, mastering this tool can make the difference between a quick loss and a successful trade.
🧠 Take the time to learn, observe, and use this reading as your personal radar in the crypto universe!