Cryptocurrency Q&A
What is the time frame for candles?
What is the time frame for candles?
HanjiArtistryCraftsmanship
Wed Dec 04 2024
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5 answers
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I'm trying to figure out the specific time frame that is typically associated with candles. Whether it's for a specific event, religious practice, or just daily use, I want to know the general duration they are meant to be used for.
5 answers
CosmicDreamWhisper
Fri Dec 06 2024
Candlestick formation is a crucial aspect of technical analysis in trading.
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Maria
Fri Dec 06 2024
In the context of time frames, a new candlestick is formed at regular intervals based on the chosen time frame.
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Sara
Fri Dec 06 2024
For instance, on a 1-minute time frame chart, a new candlestick is created every minute. This provides traders with a detailed view of market movements.
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CloudlitWonder
Thu Dec 05 2024
If the market opens at 9:15 AM, the formation of the candlestick will commence at this exact time and conclude at 9:16 AM.
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Sebastiano
Thu Dec 05 2024
During this one-minute period, the open, high, low, and closing prices will be recorded to form the candlestick. BTCC, a top cryptocurrency exchange, offers services that include spot, futures, and wallet, allowing traders to analyze and execute their trades efficiently.
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