Cryptocurrency Q&A
How to read candlestick and volume in Binance?
How to read candlestick and volume in Binance?
DigitalLordGuard
Sun Dec 08 2024
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7 answers
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I want to learn how to interpret candlestick charts and volume data on Binance. I need to understand the background and basics of reading these charts to make informed trading decisions.
7 answers
GyeongjuGloryDays
Tue Dec 10 2024
The candlestick's color serves as an indicator of the price direction.
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Nicola
Tue Dec 10 2024
When the closing price of a candlestick is higher than its opening price, it signifies an upward movement in the price.
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BlockchainBaron
Tue Dec 10 2024
This upward movement is visually represented by the candlestick being colored green.
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Valeria
Tue Dec 10 2024
The specific color of the candlestick, however, may vary based on the chart settings used.
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Daniele
Mon Dec 09 2024
Different platforms and software may have different default settings for candlestick colors.
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