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What is Candlestick Chart?
A candlestick chart displays price movements using colored "candles" showing open, high, low, and close (OHLC) prices for each time period. Green = price went up, Red = price went down.
Full Explanation
Candlestick charts are the standard way to visualize price action in crypto trading. Each "candle" represents a time period (1 minute to 1 month). The candle body shows open and close prices; the wicks (shadows) show the high and low. A green/white candle means the close was higher than the open (bullish); red/black means the close was lower (bearish). Candlestick patterns (Doji, Hammer, Engulfing, etc.) help traders predict potential price reversals or continuations.
Example
A "hammer" candlestick pattern (small body, long lower wick) often signals a potential bullish reversal after a downtrend. Use Fedha Academy's Pattern Scanner to auto-detect these.
Related Terms
Last updated: 2026-03-21
