#Educational Post

Candlesticks

Candlesticks are a visual representation of the size of price fluctuations. Traders use these charts to identify patterns and gauge the near-term direction of price.

A daily candlestick shows the market's open, high, low, and close price for the day. The candlestick has a wide part, which is called the "real body."

This real body represents the price range between the open and close of that day's trading. When the real body is filled in or black, it means the close was lower than the open. If the real body is empty, it means the close was higher than the open. $BTC #dogs $dogs