Cryptocurrency Q&A
Are candles bullish or bearish?
Are candles bullish or bearish?
Isabella
Wed Dec 04 2024
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5 answers
854
I'm wondering about the interpretation of candles in the financial market. Specifically, I want to know if candles are generally seen as a bullish or bearish indicator.
5 answers
IncheonBeautyBloomingRadiance
Fri Dec 06 2024
It indicates that the closing price for a given period was lower than the opening price.
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SilenceStorm
Fri Dec 06 2024
Such a candlestick pattern is considered bearish, reflecting a negative sentiment in the market.
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Michele
Fri Dec 06 2024
Conversely, a white or hollow candlestick represents a different scenario.
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Lorenzo
Fri Dec 06 2024
Here, the closing price is higher than the opening price, suggesting a bullish trend.
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SolitudeEcho
Fri Dec 06 2024
A black or filled candlestick signifies a specific market condition.
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