Topic: How to Read Candlestick Charts
Every candle tells a story 📖
Each candlestick has 4 parts:
🟢 Green Candle = Price went UP
🔴 Red Candle = Price went DOWN
The 4 Key Parts:
📍 Open — Where price started
📍 Close — Where price ended
📍 High — Highest point reached
📍 Low — Lowest point reached
The body = distance between Open & Close
The wick = price that was rejected
Quick Rule:
Long wick at bottom = buyers are strong 💪
Long wick at top = sellers are strong 🐻
Example:
BTC opens at $60,000 → pumps to $62,000 → closes at $61,500
= Green candle with a small top wick ✅
One candle = One story of BATTLE between buyers & sellers ⚔️
Start watching candles on TradingView today!
Not financial advice. Just education 📚
Follow for Day 2 → Support & Resistance Levels!
$DEGO $COS $RESOLV 💪
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