Knowledge Notes | How to Read Candlestick Charts
① The bars below the candlesticks generally represent trading volume, showing how much was traded during that period. The bars are usually the same color as their corresponding candlesticks.
② The thick part of a candlestick is called the body, and the thin lines extending above and below it are called shadows. The tip of the upper shadow marks the highest price during that period.
③ When reading candlesticks, remember to first check the time period and what the red and green colors mean, so you don't mistake a downward move for an upward one.
$BTC 83480.01 (+0.6%)
#BTC
① The bars below the candlesticks generally represent trading volume, showing how much was traded during that period. The bars are usually the same color as their corresponding candlesticks.
② The thick part of a candlestick is called the body, and the thin lines extending above and below it are called shadows. The tip of the upper shadow marks the highest price during that period.
③ When reading candlesticks, remember to first check the time period and what the red and green colors mean, so you don't mistake a downward move for an upward one.
$BTC 83480.01 (+0.6%)
#BTC