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How to Read Crypto Candlestick Charts: A Beginner-Friendly Guide

If you’re new to crypto trading, learning how to read candlestick charts is one of the most important skills you can develop. Candlesticks reveal market psychology, price movement, and trend strength — all in a visual format used by traders around the world. In this beginner’s guide, we’ll break down how crypto candlestick charts work and how to interpret them for smarter trading decisions.

Key takeaways

  • Candlestick charts show the opening, closing, high, and low prices of an asset within a given time period.

  • Each candlestick reveals market sentiment — bullish or bearish — based on its shape and color.

  • Patterns like doji, engulfing, and hammers can signal reversals or trend continuation.

  • Combining candlestick reading with volume and support/resistance improves accuracy.

What Is a Candlestick Chart?

A candlestick chart is a visual representation of price movement over time. Each “candle” reflects the open, high, low, and close prices for a chosen time frame (e.g. 1 hour, 1 day, 1 week).

Each candlestick has two main parts:

  • Body: The range between the open and close price

  • Wick (or shadow): The high and low of the session, extending from the body

If the candle closes higher than it opened, it’s typically green (bullish). If it closes lower, it’s red (bearish).

How to Read a Single Candlestick

  • Long green candle: Strong buying pressure

  • Long red candle: Strong selling pressure

  • Small body with long wicks (Doji): Market indecision

  • Hammer or inverted hammer: Potential trend reversal

Reading multiple candlesticks in sequence tells you how traders are reacting at support and resistance levels.

Basic Candlestick Patterns to Know

  1. Doji
    Indicates indecision — price opened and closed at nearly the same level. Often a warning sign of a reversal.

  2. Bullish Engulfing
    A small red candle followed by a larger green candle that “engulfs” it. This can signal a bullish trend reversal.

  3. Bearish Engulfing
    The opposite — a small green candle followed by a large red one. Can suggest a bearish shift.

  4. Hammer
    A candle with a small body and long lower wick. Often appears after a downtrend and may indicate a reversal upward.

  5. Shooting Star
    A candle with a small body and long upper wick. Appears at the top of an uptrend and may signal a pullback.

Best Tools to Practice with Candlestick Charts

  • TradingView – Professional-grade charting with thousands of indicators and patterns.

  • CoinGecko – Simple historical charts for beginners.

  • Cointobuy.io – Easy-to-read price visuals with educational overlays for newer users.

  • Binance & Bybit – Live charts for real-time analysis with custom timeframes.

Tips for Beginners

  • Start with daily charts before moving to shorter timeframes.

  • Combine candlestick patterns with volume and trendlines.

  • Look for confirmation — don’t rely on a single candle to make decisions.

  • Practice by reviewing past charts and marking common patterns.

Plateforms to buy Bitcoin

  • Binance

  • Coinbase

  • Bitget

Conclusion

OpenAI’s decision to forgo a for-profit future is more than a policy change — it’s a cultural statement. In an era where the most powerful technologies are increasingly controlled by a handful of corporations, this move highlights the possibility of alternative models rooted in transparency, equity, and public interest.
By returning to its nonprofit roots, OpenAI is inviting a broader dialogue about the future of AI: Who controls it? Who benefits? And what values guide its development? These are questions with real-world implications, from data privacy and job automation to misinformation and digital sovereignty.
While OpenAI’s long-term sustainability under a nonprofit model remains to be seen, its commitment to ethical boundaries may help restore some public trust. In doing so, it sets an example for the tech industry — proving that it’s still possible to prioritize purpose over profit in the race toward artificial general intelligence.

Disclaimer :

Le trading est risqué et vous pouvez perdre tout ou partie de votre capital. Les informations fournies ne constituent en aucun cas un conseil financier et/ou une recommandation d’investissement.

Comparison of the Best Crypto Exchange Platforms

Platform Description Advantages Disadvantages
🥇 Team’s Choice Bitvavo Buy on Bitvavo

European intuitive platform, ideal for beginners and investors looking for diversification.

Intuitive interface, various payment methods, European compliance, offers other assets.

Higher fees than some competitors, less suitable for advanced traders.

🥈 Top 2 Binance Buy on Binance

European intuitive platform, ideal for beginners and investors looking for diversification.

Intuitive interface, various payment methods, European compliance, offers other assets.

Higher fees than some competitors, less suitable for advanced traders.

🥉 Top 3 Binance Buy on Binance

European intuitive platform, ideal for beginners and investors looking for diversification.

Intuitive interface, various payment methods, European compliance, offers other assets.

Higher fees than some competitors, less suitable for advanced traders.

European intuitive platform, ideal for beginners and investors looking for diversification.

Intuitive interface, various payment methods, European compliance, offers other assets.

Higher fees than some competitors, less suitable for advanced traders.

European intuitive platform, ideal for beginners and investors looking for diversification.

Intuitive interface, various payment methods, European compliance, offers other assets.

Higher fees than some competitors, less suitable for advanced traders.

European intuitive platform, ideal for beginners and investors looking for diversification.

Intuitive interface, various payment methods, European compliance, offers other assets.

Higher fees than some competitors, less suitable for advanced traders.

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