Candlesticks

« Back to Glossary Index

A candlestick chart can be defined as a graphing technique that is used to display the changes of the crypto assets in price over time. Each of the candle offers 4 points of information viz., opening price, closing price, high and low. This is also known as “Candles” in short. It gives a good summary of the price behavior of the assets. It is extremely relevant in the cryptocurrency trading and Bitcoin as these patterns can indicate the bearish or bullish reversals.

« Back to Glossary Index