Cryptocurrency Q&A
What is the daily candle?
What is the daily candle?
lucas_clark_artist
Mon Dec 16 2024
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5 answers
1189
I want to know about the concept of 'daily candle'. What does it represent and how is it relevant in the context of candles or possibly finance, as I have heard this term in trading discussions as well.
5 answers
EnchantedDreams
Wed Dec 18 2024
A daily candlestick chart is a popular tool used in market analysis.
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Bianca
Tue Dec 17 2024
It provides a clear visual representation of the market's movement during the trading day.
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CryptoChampion
Tue Dec 17 2024
Similar to a bar chart, it displays the market's open, high, low, and close prices for a specific day.
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Silvia
Tue Dec 17 2024
The candlestick has a distinctive feature known as the "real body."
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Eleonora
Tue Dec 17 2024
The real body signifies the price range between the opening and closing prices of the day's trading.
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