Coinseekly - AI driven crypto insights, details, patternscoinseekly
Chart Basics

Candlestick

A candlestick is a price bar showing the open, high, low, and close for a period, used to read momentum at a glance.

Also known as: candle, candlestick chart

Anatomy of a candlestick
HighCloseOpenLow
Illustrative example — a schematic of how candlestick looks on a chart.

A candlestick represents all the price action within a single period — a day, an hour, a minute. The thick 'body' spans the open and close; the thin 'wicks' (or shadows) above and below mark the high and low. A close above the open is usually drawn green (bullish); a close below it red (bearish).

Candlesticks are the default way crypto charts are drawn because their shape encodes momentum: long bodies show conviction, long wicks show rejection of a price level, and recurring patterns of candles form the basis of much of technical analysis.

Go deeper

Related terms