๐๐ฏ๐๐ซ ๐ฅ๐จ๐จ๐ค๐๐ ๐๐ญ ๐ ๐๐ก๐๐ซ๐ญ ๐๐ฎ๐ฅ๐ฅ ๐จ๐ ๐ ๐ซ๐๐๐ง ๐๐ง๐ ๐ซ๐๐ ๐๐๐ง๐๐ฅ๐๐ฌ ๐๐ง๐ ๐ฐ๐จ๐ง๐๐๐ซ๐๐ ๐ฐ๐ก๐๐ญ ๐ญ๐ก๐๐ฒ'๐ซ๐ ๐๐๐ญ๐ฎ๐๐ฅ๐ฅ๐ฒ ๐ญ๐๐ฅ๐ฅ๐ข๐ง๐ ๐ฒ๐จ๐ฎ? ๐๐ง๐ญ๐๐ซ ๐๐๐ง๐๐ฅ๐๐ฌ๐ญ๐ข๐๐ค ๐๐ก๐๐ซ๐ญ๐ฌ ๐ฏ๏ธ๐
๐ท๐๐๐ค๐๐๐ ๐๐๐๐ ๐๐๐ข๐๐๐๐ก๐๐๐๐๐ ๐๐๐ ๐ ๐๐๐ ๐๐ #BinanceAcademy, โ๐๐๐ ๐๐ ๐ฆ๐๐ข๐ ๐๐ข๐๐๐ ๐ถ๐๐๐๐๐๐ ๐ก๐๐๐ ๐ถโ๐๐๐ก๐ ๐๐๐๐๐๐๐๐ค๐:
1๏ธโฃ ๐ ๐จ๐ฎ๐ซ ๐๐ซ๐ข๐๐๐ฌ ๐๐ง ๐๐ง๐ ๐๐๐ง๐๐ฅ๐:
โข Each candle is built from OHLC data, open, high, low and close, for one timeframe that can range from one second to one year.
2๏ธโฃ ๐๐จ๐๐ฒ, ๐๐ข๐๐ค๐ฌ ๐๐ง๐ ๐๐จ๐ฅ๐จ๐ซ:
โข The body spans the open to the close, the wicks mark the high and low, green usually means price closed above the open and red means it closed below.
3๏ธโฃ ๐๐ก๐๐ญ ๐ ๐๐๐ง๐๐ฅ๐ ๐๐๐ง'๐ญ ๐๐๐ฅ๐ฅ ๐๐จ๐ฎ:
โข It doesn't show whether the high or the low came first, short timeframes can be noisy, and Heikin-Ashi candles use averaged data to help smooth trends.
โ ๏ธ ๐๐ข๐ฌ๐ค ๐๐จ๐ญ๐:
Candles show what already happened, they can't predict prices with certainty, so many traders pair them with tools like support and resistance.
Learning to read a single candle changed how I look at every chart, start simple and build from there ๐
๐ Learn more on Binance Academy: https://www.binance.com/en/academy/articles/a-beginners-guide-to-candlestick-charts
Crypto involves risk, this is not financial advice, always DYOR ๐ก
#CandlestickCharts #TechnicalAnalysis #CryptoBasics
Follow me for more ๐
๐ท๐๐๐ค๐๐๐ ๐๐๐๐ ๐๐๐ข๐๐๐๐ก๐๐๐๐๐ ๐๐๐ ๐ ๐๐๐ ๐๐ #BinanceAcademy, โ๐๐๐ ๐๐ ๐ฆ๐๐ข๐ ๐๐ข๐๐๐ ๐ถ๐๐๐๐๐๐ ๐ก๐๐๐ ๐ถโ๐๐๐ก๐ ๐๐๐๐๐๐๐๐ค๐:
1๏ธโฃ ๐ ๐จ๐ฎ๐ซ ๐๐ซ๐ข๐๐๐ฌ ๐๐ง ๐๐ง๐ ๐๐๐ง๐๐ฅ๐:
โข Each candle is built from OHLC data, open, high, low and close, for one timeframe that can range from one second to one year.
2๏ธโฃ ๐๐จ๐๐ฒ, ๐๐ข๐๐ค๐ฌ ๐๐ง๐ ๐๐จ๐ฅ๐จ๐ซ:
โข The body spans the open to the close, the wicks mark the high and low, green usually means price closed above the open and red means it closed below.
3๏ธโฃ ๐๐ก๐๐ญ ๐ ๐๐๐ง๐๐ฅ๐ ๐๐๐ง'๐ญ ๐๐๐ฅ๐ฅ ๐๐จ๐ฎ:
โข It doesn't show whether the high or the low came first, short timeframes can be noisy, and Heikin-Ashi candles use averaged data to help smooth trends.
โ ๏ธ ๐๐ข๐ฌ๐ค ๐๐จ๐ญ๐:
Candles show what already happened, they can't predict prices with certainty, so many traders pair them with tools like support and resistance.
Learning to read a single candle changed how I look at every chart, start simple and build from there ๐
๐ Learn more on Binance Academy: https://www.binance.com/en/academy/articles/a-beginners-guide-to-candlestick-charts
Crypto involves risk, this is not financial advice, always DYOR ๐ก
#CandlestickCharts #TechnicalAnalysis #CryptoBasics
Follow me for more ๐
