Your topic is candlestick charts (starter 1)
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Follow from the image below. (1st image)
It shows the opening and closing of the time period you specify. Example: 2 hours, 4 hours, 45 minutesâŠ
Fine lines are called WOODS. Shows the highest-lowest price in the selected time period here.
The middle part is called âbodyâ.
In the second image, I will show you four candle examples.
1st Image: It is called LONG UPPER SHADOW. This is a sign of a bear. In other words, the investor wants to sell the crypto he has.
Image 2: LONG LOWER SHADOW: This is also called a bullish pointer. It is a sign for the investor to buy crypto. The longer the wick, the healthier it is for prediction.
3. Visual: It is called Doji candle. As you can see, it has no body. So the price is fixed. The investor is indecisive. It represents an unstable weather.
4. Image: It is called umbrella.
*Also known as the red umbrella hammer. Their wicks are long. Hammer is a sign that you will make serious purchases in the near future.
*The green umbrella is referred to as the hanged man. It's a bad sign. It indicates that the investor will switch to cash.
