💡 What is a Japanese candlestick?
If you're just starting out in crypto, this is the first thing you need to understand 👇
When you see a chart filled with green and red bars, you're looking at Japanese candlesticks.
📌 Simple explanation:
🟢 Green candle
→ The price went up (closed higher than it opened)
🔴 Red candle
→ The price went down (closed lower than it opened)
🕯️ Parts of a candle:
• Body: opening and closing prices
• Upper wick: highest price
• Lower wick: lowest price
📊 Example with BTC:
If BTC opens at 40,000 and closes at 41,000 → green candle
If it opens at 41,000 and closes at 40,500 → red candle
👉 Understanding this is the first step to reading any chart.
📩 In the next post, you'll learn about support and resistance, explained just as easily.
$BTC
#TradingBasico
#BinanceSquare
#AprendeCripto
#CriptoFacil
If you're just starting out in crypto, this is the first thing you need to understand 👇
When you see a chart filled with green and red bars, you're looking at Japanese candlesticks.
📌 Simple explanation:
🟢 Green candle
→ The price went up (closed higher than it opened)
🔴 Red candle
→ The price went down (closed lower than it opened)
🕯️ Parts of a candle:
• Body: opening and closing prices
• Upper wick: highest price
• Lower wick: lowest price
📊 Example with BTC:
If BTC opens at 40,000 and closes at 41,000 → green candle
If it opens at 41,000 and closes at 40,500 → red candle
👉 Understanding this is the first step to reading any chart.
📩 In the next post, you'll learn about support and resistance, explained just as easily.
$BTC
#TradingBasico
#BinanceSquare
#AprendeCripto
#CriptoFacil