Cryptocurrency Q&A
What is daily closing range?
What is daily closing range?
Dario
Sat Dec 21 2024
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5 answers
1256
I'm trying to understand the concept of daily closing range in the financial market. Could someone explain what it means and how it's calculated?
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5 answers
Martino
Mon Dec 23 2024
Closing Range represents a metric that indicates the proximity of the closing price to the daily low, in relation to the overall daily price range.
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CryptoLodestarGuard
Mon Dec 23 2024
This percentage provides traders with valuable insight into where the closing price falls within the day's trading activity.
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SsangyongSpirit
Mon Dec 23 2024
By understanding the Closing Range, traders can gain a better grasp of the market's sentiment and momentum.
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InfinityVoyager
Mon Dec 23 2024
Range Expansion, on the other hand, measures the percentage change in the daily price range compared to the previous day.
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Nicolo
Sun Dec 22 2024
This metric allows traders to identify trends in volatility and potential shifts in market conditions.
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