## Understanding Candlestick Charts: The Foundation of Technical Analysis
For crypto traders, candlestick charts are an indispensable analysis tool. Each individual candle conveys four crucial pieces of information about the price movement during a specific period—whether it’s minutes, hours, or days.
**The four components of a candle:**
At the beginning of the period, the opening price is set. At the end of the same period, the closing price is shown. During this interval, the price reaches its highest (High) and its lowest (Low). These four values form the basic structure of each candle in t
For crypto traders, candlestick charts are an indispensable analysis tool. Each individual candle conveys four crucial pieces of information about the price movement during a specific period—whether it’s minutes, hours, or days.
**The four components of a candle:**
At the beginning of the period, the opening price is set. At the end of the same period, the closing price is shown. During this interval, the price reaches its highest (High) and its lowest (Low). These four values form the basic structure of each candle in t
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