Cryptocurrency Q&A
How to read trading candles?
How to read trading candles?
GwanghwamunGuardianAngelWings
Mon Dec 23 2024
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6 answers
1639
I'm trying to understand how to interpret trading candles, but I'm not sure where to start. Can someone explain how to read and understand trading candles, and what information they convey about the market?
6 answers
Stefano
Wed Dec 25 2024
Candlesticks are primarily divided into two categories: Bullish and Bearish candles.
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GwanghwamunGuardian
Wed Dec 25 2024
Each candlestick on a chart represents the opening and closing prices of an asset within a specific time frame.
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Bianca
Tue Dec 24 2024
They also display the price range that the asset traded within during that period.
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SunlitMystery
Tue Dec 24 2024
The direction of the candlestick can provide insights into the market trend.
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Giuseppe
Tue Dec 24 2024
A candlestick with a red body indicates that the closing price was lower than the opening price, signaling a bearish trend.
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