🕯️ Candlesticks for Complete Beginners (No Chart Overload)

A candle = The story of a specific time period (1 hour, 1 day, etc.)

Look at ANY candle and find 4 things:

1️⃣ Open: Price when period started

2️⃣ Close: Price when period ended

3️⃣ High: Highest price reached

4️⃣ Low: Lowest price reached

Green Candle = Close > Open (price went up)

Red Candle = Close < Open (price went down)

The Wicks (thin lines top/bottom):

- Long upper wick = price went high but got rejected

- Long lower wick = price dropped but buyers stepped in

That's it. You now read candles better than 50% of beginners.

Practice: Look at BTC's daily chart. Find a candle with a long lower wick. What does it tell you?

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