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.
6 answers
CryptoWizardry
Fri Dec 20 2024
The "open" and "close" prices represent the values at the start and finish of a specified timeframe.
Eleonora
Fri Dec 20 2024
Green candles indicate an upward movement in prices.
Ilaria
Fri Dec 20 2024
In green candles, the open price is positioned at the bottom of the candle's body.
HanRiverVisionaryWave
Fri Dec 20 2024
The close price, in green candles, is situated at the top of the candle's body.
Caterina
Thu Dec 19 2024
Red candles signify a decline in prices.