What do the rows of red and green bars on the market page actually mean?
Definition: 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.
How it works: The same market can look very different across timeframes. A bullish daily candlestick, for example, might break down into a mix of bullish and bearish hourly candlesticks.
Corresponding coin: $BTC is trading at 67757.4, 24h -3.1%.
Understanding how it works can help you avoid pitfalls, but it can’t replace risk management.
#BTC
Definition: 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.
How it works: The same market can look very different across timeframes. A bullish daily candlestick, for example, might break down into a mix of bullish and bearish hourly candlesticks.
Corresponding coin: $BTC is trading at 67757.4, 24h -3.1%.
Understanding how it works can help you avoid pitfalls, but it can’t replace risk management.
#BTC