How to read a candlestick chart (Bitcoin)

in #technology7 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.

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