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Glossary

Candlestick Chart Meaning: What Does Candlestick Chart Mean in Crypto?

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Definition

Price chart showing open, high, low, and close values

Originating in 18th-century Japan, candlesticks reveal sentiment via patterns like doji or hammer; traders use them on platforms like TradingView for crypto. Key Patterns: Bullish: Hammer, engulfing. Bearish: Shooting star, hanging man. Doji: Indecision. Timeframes: 1min for scalping, daily for swing trading.

Keywords

  • Technical Analysis