Study Notes | How to Read Candlesticks
① A candlestick records four prices over a period of time: the opening price, high, low, and closing price.
② Crypto markets trade year-round, so the “open” of a daily candlestick is simply the point in time where the day is divided according to the time zone. Binance daily candlesticks default to UTC 00:00 (8:00 a.m. Beijing time); the chart’s time zone settings apply.
③ Judging by just one or two candlesticks can be misleading. Consider them alongside longer time frames and trading volume.
$BTC 83491.3（+0.58%）
#BTC
① A candlestick records four prices over a period of time: the opening price, high, low, and closing price.
② Crypto markets trade year-round, so the “open” of a daily candlestick is simply the point in time where the day is divided according to the time zone. Binance daily candlesticks default to UTC 00:00 (8:00 a.m. Beijing time); the chart’s time zone settings apply.
③ Judging by just one or two candlesticks can be misleading. Consider them alongside longer time frames and trading volume.
$BTC 83491.3（+0.58%）
#BTC