Someone asked: What information does a single candlestick actually record?
My answer: Binance uses green by default to represent an upward move and red to represent a downward move. You can also change the settings to use red for up and green for down. The same stretch of market activity can look completely different across timeframes: a bullish daily candlestick might contain both bearish and bullish candlesticks when viewed on an hourly chart.
$BTC 83536.58 (+0.63%)
If you have friends who are new to this, feel free to pass this along to them.
#BTC
My answer: Binance uses green by default to represent an upward move and red to represent a downward move. You can also change the settings to use red for up and green for down. The same stretch of market activity can look completely different across timeframes: a bullish daily candlestick might contain both bearish and bullish candlesticks when viewed on an hourly chart.
$BTC 83536.58 (+0.63%)
If you have friends who are new to this, feel free to pass this along to them.
#BTC