Crypto 101 📚 How to read candlestick charts
The thicker part of a candlestick is called the body, and the thin lines extending from either end are called wicks. The top of the upper wick marks the highest price during that period.
Candlesticks can be viewed across different time frames: 1 minute, 15 minutes, 1 hour, 4 hours, daily, weekly, and so on. The longer the time frame, the more trading activity each candlestick represents.
The first page of my study notes says: Understand it before placing an order.
Coin mentioned in the topic: $BTC . Current price: 83181.33 (24h +1.38%).
#BTC
The thicker part of a candlestick is called the body, and the thin lines extending from either end are called wicks. The top of the upper wick marks the highest price during that period.
Candlesticks can be viewed across different time frames: 1 minute, 15 minutes, 1 hour, 4 hours, daily, weekly, and so on. The longer the time frame, the more trading activity each candlestick represents.
The first page of my study notes says: Understand it before placing an order.
Coin mentioned in the topic: $BTC . Current price: 83181.33 (24h +1.38%).
#BTC