On CryptoPotato, find the advanced guide on technical analysis. Explain what Japanese candlesticks are, what key data points they represent, and how their patterns are categorized to predict price direction in cryptocurrency markets.
Navigate to cryptopotato.com. Click on the 'Guides' link. Click on the 'Technical Analysis & Indicators' link. Click on the 'Technical Analysis: Advanced v1' link. Read the 'Japanese Candlesticks' section to understand their definition and the data they provide. Identify what 'OHLC' stands for in the context of candlestick charts. Locate and state the two categories of candlestick patterns mentioned for predicting price direction.
Confirm that Japanese candlesticks are a technical analysis tool providing key data for multiple time frames in single price bars. State that the key data points represented by candlesticks are Open, High, Low, and Close (OHLC). Identify the two categories of candlestick patterns used for predicting price direction as 'reversals' and 'continuations'.