🕯️ One candle = one small, complete book. Learn to read OHLC — the ABCs of charts.
Illustration:
1️⃣ High / Low = the period’s extremes (wicks)
2️⃣ Open / Close = the two corners of the body
3️⃣ Green: close > open — buyers won
4️⃣ Red: close < open — sellers won
A long body = a strong move. A small body + long wicks = a close contest (indecision).
One candle alone doesn’t tell the whole story — combined with the trend, levels, and volume, it forms a language. That’s why there’s no shortcut like “one bullish candle = take action.”
Starting today, ask your chart: who won, and by how much? 📖
$BTC
#TechnicalAnalysis #CryptoEducation #Charts
Illustration:
1️⃣ High / Low = the period’s extremes (wicks)
2️⃣ Open / Close = the two corners of the body
3️⃣ Green: close > open — buyers won
4️⃣ Red: close < open — sellers won
A long body = a strong move. A small body + long wicks = a close contest (indecision).
One candle alone doesn’t tell the whole story — combined with the trend, levels, and volume, it forms a language. That’s why there’s no shortcut like “one bullish candle = take action.”
Starting today, ask your chart: who won, and by how much? 📖
$BTC
#TechnicalAnalysis #CryptoEducation #Charts
