What are candlesticks in cryptocurrency trading?đŸ”„

A candlestick chart is a type of price chart that originated in Japanese rice trading in the 18th century.

Candlesticks are used to describe price action in a market during a given time frame

They are commonly formed by the opening prices, highs, lows and closing prices of financial instruments on an exchange

When combining candlesticks, they form patterns that serve to predict the short-term and long-term price movements of an asset#

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