How Do Traders Use Candlesticks in share market or crypto market?

As candlesticks illustrate the movement of the asset during the defined period, it can visually indicate bullish or bearish sentiment, especially when candlesticks are viewed as a group. Traders call these candlestick patterns.

Candlestick charting is extremely relevant in Bitcoin and cryptocurrency trading as a whole.

 By learning how candlestick patterns can indicate bullish or bearish reversals, you can get ahead of the trend by acting on these leading indicators before the rest of the traders pile on!

As candlesticks utilize raw price data and updates as soon as a period is completed, candlestick patterns are said to be “leading” indicators and not “lagging.”

 This makes candlestick pattern recognition a must-have in your trading arsenal.