Cryptocurrency trading is a very fast and often volatile market, and traders need every skill at their disposal to stay ahead. One of the most powerful skills available is understanding and interpreting candlestick patterns. Originally developed in Japan in the 18th century, these charts have become an essential part of financial markets. For those who can read and analyze them, they offer valuable insights into market sentiment and potential price movements. What Are Candlestick Patterns? They are a visual representation of an asset’s price movements within a specific time frame. Each candlestick has four main components: the opening and closing…