Pro courseBeginner12 minReading the Market

Candlestick Charts

Candlestick charts are the most common way traders look at price. In this module you will learn what each candle shows, how to read a run of candles, what popular patterns mean (and why they often fail), and how chart settings change what you see.

  1. 1Candle anatomy: open, high, low, closeWhat a single candlestick shows: the open, high, low and close (OHLC), the body, the wicks, and what green and red candles mean.3 min
  2. 2Timeframes and reading a run of candlesHow candle timeframes work, why the same market looks different on 5-minute and daily charts, and how to read a sequence of candles calmly.3 min
  3. 3Common candle patterns: doji, hammer, engulfingWhat doji, hammer and engulfing candles look like, what traders think they mean, and why these patterns are weak signals that fail often.3 min
  4. 4Volume, line charts and log vs linear scaleHow trading volume helps confirm a move, when a simple line chart is better, and how log and linear price scales change what a chart shows.3 min
Part of DUKOIN Pro

Every lesson's introduction is free to read. The full lessons, quiz and challenges come with Pro.

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Education, not investment advice. Crypto prices can fall sharply and most retail traders lose money. Practice in DUKOIN uses virtual USD with no real value.