Candle

      A Candle or Candlestick is a charting tool that is used to express of price action of an asset within a certain time frame. A candle can be drawn for any time frame, but typically it is denominated in minutes, hours, days, weeks and months.

     Candlesticks specifically show 5 metrics;
1) what was the price of an asset at the start of the candle (open)
2) what was the price of the asset at the end of the candle (close)
3) what was the highest price of an asset during the candles time frame (High)
4) what was the lowest price of an asset during the candles time frame (Low)
5) what time frame is the candle covering (time)

    Candlesticks are commonly encountered in two colors, red and green. (although many professional traders & investors customize candles to be any color of their liking) Red candles show that the price of asset went lower in relation to the candle immediately before it. Green candles show that the price went up relative to the candle immediately before it.

      Resources

Donate

BTC: bc1qcskmel9llhrdqj3arxyqnennx4ashvfutlreyy
LTC: ltc1qa0fj4lcu5365rep50aza5fqqvx8ef0afemh6s5
ETH: 0x071D72dbc48ad2Fe35daE256eCF0834C5dde688c
DASH: XgXHqVyJiQNdVVszH9cnqCP4uWcP8tVxdK
BNB: bnb1mau4j8kry0jgw45ufy69hvhd0k04llet8fk2p6

Welcome To The Crypfo Initiative!

There was an error while trying to send your request. Please try again.

Crypfo.info will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Join the Leaders of the Digital Economy.
Gain Access to Specialized Crypto Asset Insight before anyone else.