I'm trying to understand what a daily open candlestick is. Could someone explain it to me in simple terms? I want to know how it's formed and what information it provides about the market.
5 answers
MysticChaser
Tue Dec 17 2024
It displays key price points including the open, high, low, and close prices.
KpopStarlight
Tue Dec 17 2024
A candlestick features a prominent section known as the "real body."
AltcoinAdventurer
Tue Dec 17 2024
The real body indicates the range between the opening and closing prices of the day's trading.
SolitudeSerenade
Tue Dec 17 2024
A daily candlestick chart serves as a visual representation of a market's trading activity for a single day.
CosmicDream
Tue Dec 17 2024
BTCC, a leading cryptocurrency exchange, offers a range of services.