Cryptocurrency Q&A How do you read Bitcoin candles?

How do you read Bitcoin candles?

WhisperInfinity WhisperInfinity Wed Dec 18 2024 | 6 answers 1484
I'm trying to understand how to interpret Bitcoin candles on a chart. I want to know what each candle represents and how to use them to make informed decisions about buying or selling Bitcoin. How do you read Bitcoin candles?

6 answers

CryptoWizardry CryptoWizardry Fri Dec 20 2024
The "open" and "close" prices represent the values at the start and finish of a specified timeframe.

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Eleonora Eleonora Fri Dec 20 2024
Green candles indicate an upward movement in prices.

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Ilaria Ilaria Fri Dec 20 2024
In green candles, the open price is positioned at the bottom of the candle's body.

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HanRiverVisionaryWave HanRiverVisionaryWave Fri Dec 20 2024
The close price, in green candles, is situated at the top of the candle's body.

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Caterina Caterina Thu Dec 19 2024
Red candles signify a decline in prices.

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