![]() Assume that you set 15 minutes in the candlestick chart. It is the last trade of a particular period. Then the open trade would be the first trade on the first day of the week. For example, you set a week in the candlestick chart. It shows the first trade of a specific time, whether it is the day, week, or month. This part manifests the open and closed price of crypto. It is a vertical rectangle part of a candlestick. Read the colors guide after going through these parts. Reading Guide for Candlestick cheat Sheetīefore starting the Candlestick Patterns cheat sheet breakdown, you need to know about the candlestick’s shape consisting of two main parts. You need to learn some key points called OHLC (Open, High, Low, and Closed) to get a handle on it. The Candlestick pattern cheat sheet is not overwhelming as it seems. That helps the investor to make better decisions.Īs I mentioned before, that candlestick pattern sheet shows the price of an asset, but how can you understand these prices? In cryptocurrency, candlestick patterns show the information and data about the open, closed, low, and high cryptocurrency market prices. This concept originated in Japan in the 18th century to track the price of rice in the market. What is a Candlestick Pattern?Ĭandlestick pattern is a necessary term used for financial analysis. So, you can easily understand some basic patterns of candlestick charts and start trading. That’s why I’ve come up with this article to provide you with a candlestick cheat sheet. It would be best if you learned the basics of candlestick charts to understand the market of crypto. But still, it’s not as easy as pie because of the complicated charts and patterns and things like scalping. Remember, the concept of trading is not rocket science. Even though crypto is safe, easy to get, and profitable, it still doesn’t mean that anyone can do trading with their eyes shut.įirst and foremost, no one can succeed in the cryptocurrency world if they don’t know about trading. The stability of the crypto market in the past years is the main reason for the rise of cryptocurrency. Over time, different resources come into use in trading, and a candlestick cheat sheet is among them. Its potential and profit inspire many people to invest in these digital gold nuggets. How do you master candlestick patterns?Ĭryptocurrency is a trending topic and the most valuable digital currency of the 21st century.What is the most powerful candlestick pattern?.How do you remember candlestick patterns?.Rising Three Methods Candlestick Pattern.Three White Soldiers Candlestick Pattern. ![]() Continuation Candlestick Cheat Sheet Pattern.Reversal Candlestick Cheat Sheet Pattern.Bearish Candlestick Cheat Sheet Pattern.Bullish Candlestick Cheat Sheet Pattern.Reading Guide for Candlestick cheat Sheet.
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