The thick "body" spans the opening and closing prices, while the thin "wicks" mark the highest and lowest points reached. Colour signals direction, typically green for a higher close and red for a lower one.
Candlesticks pack four numbers into a single glance, which is why they are the default way to read crypto price charts. On their own they describe the past, not the future.
How to Read a Crypto Price Chart
Key takeaways
- Each candle shows the open, high, low and close for one period.
- The body spans open to close; the wicks mark the extremes.
- Colour signals direction, but a single candle describes the past, not the future.
Candlestick — perguntas frequentes
What do long wicks on a candle mean?
They show the price travelled far during the period but was rejected, ending closer to where it opened.
Which timeframe should I use?
Longer timeframes such as daily or weekly are less noisy and easier for beginners than minute-by-minute charts.
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