Let’s talk about how to read candlestick charts.
Candlesticks can be viewed across different timeframes: 1 minute, 15 minutes, 1 hour, 4 hours, daily, weekly, and so on. The longer the timeframe, the more trading activity each candlestick covers.
To be honest, I only learned this later: when reading candlestick charts, remember to check the timeframe and color settings first, so you don’t mistake a downtrend for an uptrend.
The coin mentioned above: $BTC . Current price: 83240.26 (24h +1.28%).
If you’re unfamiliar with something, avoid putting a large amount into it at first. Try a small amount and see how it goes.
#BTC
Personal notes, not a recommendation to buy or sell.
Candlesticks can be viewed across different timeframes: 1 minute, 15 minutes, 1 hour, 4 hours, daily, weekly, and so on. The longer the timeframe, the more trading activity each candlestick covers.
To be honest, I only learned this later: when reading candlestick charts, remember to check the timeframe and color settings first, so you don’t mistake a downtrend for an uptrend.
The coin mentioned above: $BTC . Current price: 83240.26 (24h +1.28%).
If you’re unfamiliar with something, avoid putting a large amount into it at first. Try a small amount and see how it goes.
#BTC
Personal notes, not a recommendation to buy or sell.