#看懂K线 Understanding candlestick charts is the foundation for technical analysis and trading decisions. Here are some key points and interpretations of common candlestick patterns to help you better understand cryptocurrency candlestick charts:

Basic components of a candlestick chart

Body: Represents the price range between the opening and closing prices 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 indicates the highest price reached during that time period, while the lower wick indicates the lowest price reached.