What do candlestick colors mean on a crypto price chart?
Candlestick colors represent price movement direction during a specific time period. A green (or white) candlestick means the closing price was higher than the opening price, indicating buyers were in control (bullish). A red (or black) candlestick means the closing price was lower than the opening price, showing sellers dominated (bearish). The candlestick's body shows the opening and closing prices, while the thin lines (wicks) extending above and below represent the highest and lowest prices reached during that period. For example, a long lower wick with a green body suggests buyers pushed price up despite initial selling pressure. Candlesticks help traders quickly visualize price action and identify potential trends or reversals.
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