Crypto Candlesticks in a Nutshell:
A candlestick shows price action in a set time.
· Green body: Price increased (Close > Open).
· Red body: Price decreased (Close < Open).
· Wick/Shadow: Shows the high and low for that period.
Two Key Patterns:
1. Hammer: Long lower wick after a downtrend. Potential rally.
2. Shooting Star: Long upper wick after an uptrend. Potential drop.
Remember: Candles are not guarantees. Use them with other tools for better analysis.
