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The Candlestick Chart is still a hot topic in 2025. The Web3 market has To da moon, and everyone is studying Candlesticks.
The Candlestick Chart is very simple. It condenses price changes into small shapes. Red indicates an increase, while green indicates a decrease. The body represents the opening and closing prices, while the upper and lower wicks represent the highest and lowest prices.
To analyze the Candlestick, you need to look at a few places:
Where is the closing price?
How long is the entity?
Are the highs and lows changing?
Are there any support and resistance levels?
Hammer Candlestick, Shooting Star... these are common patterns. It's better to look at them in conjunction with trading volume.
For long-term investments, look at the weekly and monthly Candlestick Charts; for short-term trading, look at the minute Candlesticks.
It seems complicated? Actually, it’s not. Just practice more and you might also become a Candlestick expert!
The market logic is behind the Candlestick. Once you understand this, you understand the Candlestick. It's quite interesting, isn't it?