I'm wondering about the duration or length of time represented by a 'candle' in the context of cryptocurrency. How long does a single candle typically cover in crypto charts or analysis?
6 answers
Andrea
Sat Dec 07 2024
The duration depicted in a candlestick chart can significantly differ across platforms.
EtherWhale
Sat Dec 07 2024
Coinbase Pro, as an example, typically utilizes a six-hour timeframe by default.
CryptoLegend
Sat Dec 07 2024
Within this six-hour period, each candlestick signifies a segment of five minutes.
TaegeukChampionCourageousHeart
Sat Dec 07 2024
Users of Coinbase Pro have the flexibility to adjust this timeframe according to their preferences.
BlockchainVisionary
Fri Dec 06 2024
They can opt for a longer duration if they wish to analyze broader trends or a shorter one for more detailed insights.