Cryptocurrency Q&A
What is the same open and close candle?
What is the same open and close candle?
CryptoWizard
Sun Dec 15 2024
|
5 answers
758
I'm trying to understand this concept of a candle that is both open and close. Could someone explain what this means and possibly provide an example?
5 answers
Elena
Tue Dec 17 2024
A doji represents a unique candlestick pattern in technical analysis.
Was this helpful?
274
29
KatanaSwordsmanship
Tue Dec 17 2024
This formation occurs when the opening and closing prices of a security are identical or almost identical.
Was this helpful?
103
77
GeishaWhisper
Tue Dec 17 2024
The visual representation of a doji candlestick resembles a cross or a plus sign due to its equal or nearly equal open and close prices.
Was this helpful?
63
40
BonsaiStrength
Mon Dec 16 2024
Another similar formation is the spinning top, which also features a very small body.
Was this helpful?
170
61
BusanBeauty
Mon Dec 16 2024
In a spinning top, the opening and closing prices are nearly identical, mimicking the characteristics of a doji.
Was this helpful?
148
84
