What is a Candle Chart? (Very Simple)
A candle chart helps traders understand the price movement of a coin.
Each candle shows:
Opening price
Closing price
Highest price
Lowest price
đ Green candle = Price went up
đ Red candle = Price went down
By reading candle charts, traders can:
Spot trends
Decide when to buy or sell
Avoid emotional trading
Learning candle charts is one of the first steps in trading.
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