What exactly does a candlestick tell us? Don’t worry—the class study rep is here to explain:
A candlestick shows four prices over a given period: the opening, high, low, and closing prices.
A long upper wick is often interpreted as selling pressure after the price rises, while a long lower wick is often interpreted as buying pressure below. But a single candlestick can’t tell you what will happen next.
Useful knowledge won’t make me rich overnight, but it can help me avoid a few pitfalls.
$BTC 83493.83(+1.05%)
A candlestick shows four prices over a given period: the opening, high, low, and closing prices.
A long upper wick is often interpreted as selling pressure after the price rises, while a long lower wick is often interpreted as buying pressure below. But a single candlestick can’t tell you what will happen next.
Useful knowledge won’t make me rich overnight, but it can help me avoid a few pitfalls.
$BTC 83493.83(+1.05%)