💙 Understanding Japanese Candlesticks in Crypto (Beginners) 💙

🔷 📊 What is a Japanese candlestick?

Candlesticks are the red or green bars on crypto charts.

They represent the price movement of a cryptocurrency over a period (5min, 1h, 1 day...).

🔷 🟩 GREEN Candlesticks = price goes up

🔷 🟥 RED Candlesticks = price goes down

🔷 Small wicks = low volatility

🔷 Large wicks = a lot of movement

🔷 Example of simple interpretation:

🕯️ A green candlestick with a long wick on top:

➡️ Buyers pushed hard,

➡️ But sellers resisted the rise.

🕯️ A red candlestick with a large wick on the bottom:

➡️ Sellers dominated,

➡️ But buyers came back to support the price.

🔷 Why is it important?

✅ It helps to spot:

Price rejections

Reversal zones

Moments of buyer/seller pressure

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