#CryptoCharts101 The candlestick chart analysis is the oldest known form of technical analysis. It was invented by Japanese merchants in the 18th-19th centuries. The behavioral psychology of market participants is determined by the relationship between supply and demand, which, in turn, are relevant factors that drive price. Generally, the price evolution of assets is cyclical, as it is based on people's behavior in different situations.

Therefore, when you study the information presented below, you will be able to understand this psychology and apply candlestick analysis to successfully trade in financial markets of all kinds. And to help you refine your candlestick analysis skills, the free demo account from the broker LiteFinance is available even without registration.