Candlestick

A candlestick is a type of chart commonly used in technical analysis of financial markets, including the cryptocurrency market. Each candlestick represents a specific time period (such as one day) and is made up of four parts: the open, close, high, and low prices.

The body of the candlestick is colored either green or red to indicate whether the price closed higher or lower than the opening price. The thin lines above and below the body, called wicks, represent the high and low prices. Candlesticks can be used to identify patterns and trends in the market, which can help traders make decisions about buying and selling.

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