How to detect high volatility in cryptocurrencies just by looking at the candles?
1. Large candles (body and wicks): When you see candles with long bodies and extended wicks on both ends, it's a sign of strong movements and a struggle between buyers and sellers.
2. Consecutive candles in opposite directions: Sudden changes between green and red candles indicate indecision and high volatility.
3. Patterns like "Hammer" or "Long Shadow Doji": These reflect price rejection in key areas, with possible quick movements and reversals.
4. Breakout from consolidation: When the price breaks a sideways zone with a long candle, it is usually accompanied by a sudden increase in volume = volatility.
Tip: combine candle analysis with volume to confirm the strength of the movement.
Watch the chart and act strategically!
