The following are the benefits of candlestick charting:

Candlesticks are simple to understand and are a good place for beginners to begin learning about chart analysis.
Candlesticks are very simple to use! Your eyes quickly adjust to the information in the bar notation. Furthermore, studies show that visuals aid in learning, so they may aid in trading as well!
Candlesticks and candlestick patterns have catchy names like "shooting star," which aids in remembering what the pattern means.
Candlesticks are effective at detecting market turning points, such as trend reversals from an uptrend to a downtrend or from a downtrend to an uptrend. You'll find out more about this later.

Candlestick charting offers several advantages for traders and investors, making it a popular tool in technical analysis. One key benefit is its ability to visually represent price movements over a specific period, providing a clear and concise depiction of market sentiment. Candlestick charts are highly informative, displaying opening, closing, high, and low prices in an easily interpretable format. They help identify market trends and potential reversals through distinct patterns such as doji, engulfing, and hammer formations. The color coding (typically green for bullish and red for bearish) aids in quickly assessing market conditions. Candlestick charts also facilitate the identification of support and resistance levels, enhancing decision-making. Overall, their simplicity, versatility, and detailed visual representation make them invaluable for market analysis.