CryptoCharts101 : Your Guide to Reading Charts on Binance 📊New to crypto trading on Binance? Don’t be intimidated by those candlestick charts! Here’s a quick guide to understanding the basics and making sense of price movements. 🚀1️⃣ What’s a Candlestick?
Each candlestick on a Binance chart represents a specific time period (e.g., 1 hour, 1 day).Green Candle: Price closed higher than it opened (bullish).Red Candle: Price closed lower than it opened (bearish).Wicks (Shadows): Show the highest and lowest prices during that period.
🔗 Learn more: Binance Academy’s candlestick guide (https://academy.binance.com/en/articles/a-complete-guide-to-cryptocurrency-trading-for-beginners).