How to read a candlestick chart (Bitcoin)

in technology •  7 years ago  (edited)

If you first look at a candlestick chart, or a Bitcoin chart, it can be confusing if you don't know what everything means. The site I use in the pictures is bitcoinwisdom.com, a great Bitcoin graph site across multiple exchanges.



Note: It's important to see what time frame you're looking at,

each candle will represent each of those time frames. For example, looking at a one minute chart, each candle will show the price for each minute.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  7 years ago Reveal Comment

This post has received a 1.50 % upvote from @buildawhale thanks to: @openbull. Send 0.100 or more SBD to @buildawhale with a post link in the memo field to bid on the next vote.

To support our curation initiative, please vote on my owner, @themarkymark, as a Steem Witness