Cryptocurrency Q&A
What is candle close in trading?
What is candle close in trading?
isabella_oliver_musician
Mon Dec 16 2024
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5 answers
828
I'm trying to understand trading terms and came across 'candle close'. Could someone explain what it means in the context of trading, especially in technical analysis and charting?
5 answers
Eleonora
Wed Dec 18 2024
A candlestick chart is a popular tool in financial analysis, particularly in the cryptocurrency market.
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BitcoinBaroness
Wed Dec 18 2024
Each candlestick on the chart represents a specific period of time, such as one hour, one day, or one week.
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Federico
Wed Dec 18 2024
Within each candlestick, there are four key points of data that provide valuable insights into market behavior.
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RubyGlider
Wed Dec 18 2024
The "Open" represents the first trade executed during the specified period. It marks the beginning of the price action for that time frame.
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noah_doe_writer
Tue Dec 17 2024
The "High" and "Low" indicate the highest and lowest traded prices, respectively, during the period. These points help to define the range of price movement.
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