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Beginner's Must-Read｜How to Read Candlestick Charts in the Crypto World? Super Detailed Illustrated Version

Do you often come across various screenshots of candlestick charts in the crypto world,
like "broke out", "wicked", "explosive rise or fall" —
feeling completely confused?
✅ Today, we will teach you:
Even with no background, you can understand the most basic concepts of candlestick charts!
Super simple, super practical, directly guiding you into the entry✅
🛠️ What is a candlestick chart?
A candlestick chart, also known as a candle chart,
each candlestick records price changes over a period of time (like 1 minute, 1 hour, 1 day).
A candlestick contains 4 prices:
Opening Price (Open)
Closing Price (Close)
Highest Price (High)
Lowest Price (Low)
✅ It's that simple! A single candlestick tells you how the price moved over a period of time.
🛠️ Basic Structure of a Candlestick
【Illustration】
📈 A candlestick consists of:
Body (Red/Green part)
Upper Shadow (Thin line above the body)
Lower Shadow (Thin line below the body)
✅ The size of the body represents the magnitude of price movement
✅ The shadows represent the highest/lowest price reached during that period
🛠️ How to interpret the colors?
Green Candlestick: Closing price is higher than Opening price (Rise)
Red Candlestick: Closing price is lower than Opening price (Fall)
Simple to remember:
Green is happy: It went up ✅
Red is heartbreaking: It went down ❌
🛠️ A typical small example:
Here's a simple example:
Opening Price $100
Highest Price $120
Lowest Price $90
Closing Price $110
So this candlestick is:
✅ Green (because closing > opening)
✅ Has an upper shadow (highest 120)
✅ Has a lower shadow (lowest 90)
The intuitive feeling is: the price fluctuated, but ultimately ended up rising!
🎯 Summary
A single candlestick = a record of an emotion.
✅ Understanding a single candlestick is the most fundamental step into the trading world!
✅ Slowly you will be able to understand:
Strong bullish candle (Strong buying pressure)
Long upper shadow (Spike and drop)
Consecutive bearish candles (Selling pressure)
Candlesticks are the most intuitive "price language" in the blockchain world
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