Candlestick (chart)


A candlestick chart depicts each specific period’s opening, closing, rising, and falling price points. A candlestick chart can form a pattern interpreted as a buy or sell indicator if the ‘candlesticks’ appear in a particular form.

Often if the candlestick pattern is being used as an indicator, it will be considered in conjunction with other indicators.

Examples of Usage

  • “Ripple produces a rare bullish candlestick pattern, which could lead to a $1 price”. 
  • “Prices gapped lower Friday, as shown in this daily candlestick chart of BTC. Since early September, the slope of the 200-day moving average line has been negative and continues to point lower.” 


You can find more information about candlesticks in this article.


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