In crypto trading, candlestick charts are a popular tool for understanding price action and market sentiment. Each candlestick represents the price movement of a specific time period and provides traders with visual insights into market behavior.

A green candlestick indicates that the asset's price increased during the time period, closing higher than it opened. A red candlestick, on the other hand, shows that the price decreased, with the closing price being lower than the opening price​