24-hour price increases/decreases and today’s candlestick color change may not necessarily be contradictory. A common reason is that the two lines start from different points.
Assume yesterday at 10:00 the price was 100. Today at 08:00, the new daily candlestick opens at 110. Now the price returns to 105. Rolling 24 hours from 100 to 105 shows +5%; but today’s candlestick, calculated from 110 down to 105, is red. Each one compares against its own starting point, so you can’t treat one’s result as a validation of the other.
There’s another layer to consider: the color of an unclosed daily candlestick will change as the current price changes; only after the close does it become fixed. If the daily candlestick start point, time zone, or the platform’s page differs, the conclusion may also differ. Only when both sides clearly use the same starting point at the same moment does this explanation no longer apply.
Open the details, note the current price, the 24-hour starting point, and the daily candlestick opening price, then calculate the up/down changes twice—first align the starting points, then explain the color.
Assume yesterday at 10:00 the price was 100. Today at 08:00, the new daily candlestick opens at 110. Now the price returns to 105. Rolling 24 hours from 100 to 105 shows +5%; but today’s candlestick, calculated from 110 down to 105, is red. Each one compares against its own starting point, so you can’t treat one’s result as a validation of the other.
There’s another layer to consider: the color of an unclosed daily candlestick will change as the current price changes; only after the close does it become fixed. If the daily candlestick start point, time zone, or the platform’s page differs, the conclusion may also differ. Only when both sides clearly use the same starting point at the same moment does this explanation no longer apply.
Open the details, note the current price, the 24-hour starting point, and the daily candlestick opening price, then calculate the up/down changes twice—first align the starting points, then explain the color.