#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 composition of candlestick charts

Body: Represents the price range between the opening price and the 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: The wick is divided into the upper wick and the lower wick. The upper wick indicates the highest price reached during that time period, while the lower wick indicates the lowest price reached.

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