#看懂K线

In the cryptocurrency market, understanding candlestick charts is the foundation for technical analysis and trading decisions. Below are some key points and common candlestick patterns to help you better understand cryptocurrency candlestick charts:

Basic Structure of Candlestick Charts

Body: Represents the price range between the opening price and closing price over a period of time. If the closing price is higher than the opening price, it is usually displayed in green (bullish candle), indicating a price increase; if the closing price is lower than the opening price, it is displayed in red (bearish candle), indicating a price decrease.

Wick: Wicks are divided into upper wicks and lower wicks. The upper wick represents the highest price reached during that time period, while the lower wick represents the lowest price reached.

Color: Green or white typically indicates a price increase (bullish candle), while red or black indicates a price decrease (bearish candle).