Beginner tip 🕯️ How to read one candlestick in 10 seconds
Every candle shows 4 prices for its time frame:
1️⃣ Open - where price started
2️⃣ Close - where price ended
3️⃣ High - top of the upper wick
4️⃣ Low - bottom of the lower wick
Green body = close above open.
Red body = close below open.
Long wicks mean price went there, but buyers or sellers pushed it back.
A small body with long wicks = indecision.
⚠️ One candle is not a signal. Check the time frame and the candles around it.
Which time frame do you check first? 👇
#CryptoTips #TechnicalAnalysis #Binance #crypto
Every candle shows 4 prices for its time frame:
1️⃣ Open - where price started
2️⃣ Close - where price ended
3️⃣ High - top of the upper wick
4️⃣ Low - bottom of the lower wick
Green body = close above open.
Red body = close below open.
Long wicks mean price went there, but buyers or sellers pushed it back.
A small body with long wicks = indecision.
⚠️ One candle is not a signal. Check the time frame and the candles around it.
Which time frame do you check first? 👇
#CryptoTips #TechnicalAnalysis #Binance #crypto