1️⃣ What is a Japanese candle?

It is a way to display the price over a period (it can be 1 minute, 1 hour, 1 day, etc.).

Each candle tells you 4 things:

🔸 Opening price

🔸 Closing price

🔸 Highest price

🔸 Lowest price

2️⃣ Candle colors

🔹 Green (or white) candle: the price rose during that period (closes higher than it opens).

🔻 Red (or black) candle: the price fell (closes lower than it opens).

3️⃣ Parts of the candle

🔸 Body: between opening and closing.

🔸 Wicks (or shadows): lines that extend above and below, indicating the extremes of price reached.

4️⃣ Basic visual example:

• A candle with a large body and no wicks = strong clear movement.

• A candle with long wicks = indecision or rejection at those levels.

5️⃣ Why does this matter?

🔹 If you see many consecutive green candles with large bodies → there is bullish strength.

🔻 If you see many red candles with long wicks upwards → there may be rejection and a drop.

✅ Just by reading the candles, you can see the market's emotion: fear, euphoria, doubt…

Do you want the next thread to be about candle patterns and how to use them on Binance?

#Binance #Crypto #JapaneseCandles #CryptoTrading #FinancialEducation #BinanceSpanish #CryptoTips #InvestWithLittle #Cryptocurrencies