Red and green bars aren’t random. Each candle tells a story. 🕯️
Every candle packs four prices into one shape. Here’s how to read them:
✅ Open and close form the body. Green means it closed higher, red means lower
✅ High and low are the wicks, showing where price was rejected
✅ Long upper wick: buyers pushed up, but sellers pushed it back down
✅ Long lower wick: sellers pushed down, but buyers stepped in
✅ Short body: indecision, and a possible pause or turn
One more rule: a candle is only a clue. Check location, trend, volume and confirmation before you act on it. 📊
Full beginner’s guide in my latest article 👇
Which candle pattern do you watch most? Tell me below!
#Crypto #CandlestickCharts #TechnicalAnalysis #TradingBasics #BinanceSquare
Not financial advice. Crypto is volatile, so only risk what you can afford to lose.
Every candle packs four prices into one shape. Here’s how to read them:
✅ Open and close form the body. Green means it closed higher, red means lower
✅ High and low are the wicks, showing where price was rejected
✅ Long upper wick: buyers pushed up, but sellers pushed it back down
✅ Long lower wick: sellers pushed down, but buyers stepped in
✅ Short body: indecision, and a possible pause or turn
One more rule: a candle is only a clue. Check location, trend, volume and confirmation before you act on it. 📊
Full beginner’s guide in my latest article 👇
Which candle pattern do you watch most? Tell me below!
#Crypto #CandlestickCharts #TechnicalAnalysis #TradingBasics #BinanceSquare
Not financial advice. Crypto is volatile, so only risk what you can afford to lose.