Cryptocurrency Q&A What is a daily candle in trading?

What is a daily candle in trading?

KatanaSharpness KatanaSharpness Tue Dec 03 2024 | 7 answers 2134
I'm trying to understand trading terms and came across 'daily candle'. I want to know what a daily candle means in the context of trading and how it's used to analyze the market. What is a daily candle in trading?

7 answers

Chloe_carter_model Chloe_carter_model Thu Dec 05 2024
The real body is crucial in understanding the day's trading activity.

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henry_rose_scientist henry_rose_scientist Thu Dec 05 2024
A daily candlestick chart is a graphical representation of market prices.

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TaegeukChampionCourage TaegeukChampionCourage Thu Dec 05 2024
It displays the open, high, low, and close prices for a specific day.

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DavidLee DavidLee Thu Dec 05 2024
The candlestick features a wide part known as the "real body."

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Bianca Bianca Wed Dec 04 2024
It indicates the price range between the opening and closing prices.

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