Before watching the money flow, get the rules down. Today, let’s talk about how to read candlestick charts.
Candlestick charts can be viewed at different time intervals: 1 minute, 15 minutes, 1 hour, 4 hours, daily, weekly, and so on. The longer the interval, the more trading activity each candlestick represents.
Drawing conclusions from just a few candlesticks can be misleading. It’s best to consider larger time intervals and trading volume as well.
The coin mentioned above: $BTC is quoted at 83602, 24h +2.51%.
#BTC
Just use this as a reference—don’t take it too seriously.
Candlestick charts can be viewed at different time intervals: 1 minute, 15 minutes, 1 hour, 4 hours, daily, weekly, and so on. The longer the interval, the more trading activity each candlestick represents.
Drawing conclusions from just a few candlesticks can be misleading. It’s best to consider larger time intervals and trading volume as well.
The coin mentioned above: $BTC is quoted at 83602, 24h +2.51%.
#BTC
Just use this as a reference—don’t take it too seriously.