If you can't read candles you can't trade.
Full stop. Learn this first. 👇
📚 30-DAY TRADING GUIDE | Day 4 of 30
#CDCTradingGuide
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🕯️ HOW TO READ A CANDLESTICK CHART
Every candle tells a story.
Price opened. Moved. Closed. Here's how to read it 👇
anatomy of ONE candle:
┌──────┐ ← WICK (High point reached)
│ │
│ BODY │ ← Green = Closed HIGHER than open
│ │ Red = Closed LOWER than open
└──────┘ ← WICK (Low point reached)
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🟢 GREEN CANDLE = Bulls won that period
Price opened low. Closed higher. Buyers in control.
🔴 RED CANDLE = Bears won that period
Price opened high. Closed lower. Sellers in control.
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🧠 4 CANDLES EVERY TRADER MUST KNOW:
1️⃣ DOJI — Tiny body, long wicks both sides
→ Nobody won. Indecision. Big move coming soon.
2️⃣ HAMMER — Small body, long bottom wick
→ Sellers tried pushing down. Buyers rejected it.
→ Bullish reversal signal 🟢
3️⃣ SHOOTING STAR — Small body, long top wick
→ Buyers tried pushing up. Sellers rejected it.
→ Bearish reversal signal 🔴
4️⃣ MARUBOZU — Full body, no wicks at all
→ One side dominated completely.
→ Strong momentum — follow the direction.
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💡 One candle won't tell you everything.
But 3 candles together tell you a story.
Always zoom out. Always read context.
Tomorrow — Day 5:
Support & Resistance Mastery 📍
🔔 Follow @CryptoDataCare — don't miss it!
💬 Did you know all 4 candle types already?
YES 💪 / NO — learned something new 📚
⚠️ Not financial advice. DYOR.
#CDCTradingGuidle #Day4 #Candlesticks #TradingEducation #technical_analysis $BTC $XRP $BNB