📊 What Is a Candle in Crypto? (Beginner-Friendly Guide):
In crypto trading, a candle (or candlestick) is a visual way to show price movement of a coin during a specific time period. It helps traders understand market direction, strength, and sentiment at a glance.
🕯️ What Does One Candle Represent?
Each candle shows 4 important prices for a selected time frame (like 1 minute, 5 minutes,
1 hour, 1 day).
Open – Price where the candle started
Close – Price where the candle ended
High – Highest price reached
Low – Lowest price reached
👉 Example:
A 5-minute candle shows what price did in those 5 minutes.
🎨 Candle Colors (Very Important):
Green candle 🟢: Price closed higher than it opened (buyers stronger)
Red candle 🔴: Price closed lower than it opened (sellers stronger)
🧱 Parts of a Candle
Each candle has two main parts.
1️⃣ Body:
The thick part
Shows the distance between open and close.
2️⃣ Wicks (Shadows):
Thin lines above and below the body
Show price rejection
Upper wick = rejection from higher price
Lower wick = rejection from lower price
🧠 Why Candles Matter in Crypto
Candles help traders:
Understand buyer vs seller strength
Spot trend direction (uptrend / downtrend)
Identify support & resistance
Avoid emotional trading
⏱️ Time Frames for Beginners
1m–5m: Very fast, risky for beginners
15m–1h: Better for learning
4h–1D: Best for beginners (less noise)
📌 Simple Tip for Newbies
❌ Don’t trade on one candle only
✅ Wait for confirmation (next candles, trend, support/resistance)
🔚 Final Words:
A candle is like a story of price.
Learn to read candles first — indicators come later.
“Candles don’t predict the future, they show what the market is feeling right now.”
If you want, I can also explain:
Candlestick patterns (Doji, Engulfing, Hammer)
How candles help in entry & stop-loss
Candle mistakes beginners make.#CPIWatch #WriteToEarnUpgrade #BinanceBlockchainWeek #SOLTreasuryFundraising $ETH
