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…In this article, we show you how to read candlestick patterns and how they can assist when deciding on your next crypto trade. As discussed in our previous article about how to read a crypto chart, the candlestick indicates the price movement of a crypto asset over a specific time period. In other words, each candlestick on a crypto chart represents the ups and downs in the price of an asset. A succession of these candlesticks can form patterns that may signal the potential future direction …
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…In this article, we show you how to read candlestick patterns and how they can assist when deciding on your next crypto trade. As discussed in our previous article about how to read a crypto chart, the candlestick indicates the price movement of a crypto asset over a specific time period. In other words, each candlestick on a crypto chart represents the ups and downs in the price of an asset. A succession of these candlesticks can form patterns that may signal the potential future direction …
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Candlesticks A succinct definition of Candlesticks CandlesticksLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYCANDLESTICKSCopy linkShare on TwitterShare on FacebookShare on LinkedinCandlesticksFirst used by Japanese rice merchants in the 18th century, candlesticks have since become a popular tool for traders to analyse price movements and market sentiment for an asset.Each candlestick represents the price activity within a certain time period and consists of two main parts: the…
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From Xi Candle to Trump Pump: Bitcoin’s Legendary Trading Signals Explore Bitcoin’s most legendary trading signals, from the Xi candle to ‘Trump Pump’, and understand key chart patterns. From Xi Candle to Trump Pump: Bitcoin’s Legendary Trading SignalsLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBitcoin16 May 2025|INTERMEDIATE|6 MIN READFrom Xi Candle to Trump Pump: Bitcoin’s Legendary Trading SignalsExplore Bitcoin’s most legendary trading signals, from the X…
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…Each candlestick represents price activity within one unit in time (e.g., 30 minutes), as shown in the chart above. A candlestick consists of two main bars: the body (the thicker part), which indicates the opening and closing prices of an asset; and the wick (the thinner part), which shows the highest and lowest price points. On most crypto charts, a green candle indicates a bullish move or a price increase, while a red candle shows a bearish move or a price decrease. Below is a macro view o…
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…Each candlestick represents price activity within one unit in time (e.g., 30 minutes), as shown in the chart above. A candlestick consists of two main bars: the body (the thicker part), which indicates the opening and closing prices of an asset; and the wick (the thinner part), which shows the highest and lowest price points. On most crypto charts, a green candle indicates a bullish move or a price increase, while a red candle shows a bearish move or a price decrease. Below is a macro view o…
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…Each candlestick represents price activity within one unit in time (e.g., 30 minutes), as shown in the chart above. A candlestick consists of two main bars: the body (the thicker part), which indicates the opening and closing prices of an asset; and the wick (the thinner part), which shows the highest and lowest price points. On most crypto charts, a green candle indicates a bullish move or a price increase, while a red candle shows a bearish move or a price decrease. Below is a macro view o…
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…Bitcoin Resistance and Support Levels — What They Are and How to Trade ThemLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBitcoin9 Feb 2025|INTERMEDIATE|9 MIN READBitcoin Resistance and Support Levels — What They Are and How to Trade ThemLearn how resistance and support levels for Bitcoin and other cryptocurrencies are formed and how to trade with them. Key Takeaways: Resistance and support levels are critical price points on a chart where the price tends to either revers…
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…Bitcoin Resistance and Support Levels — What They Are and How to Trade ThemLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBitcoin9 Feb 2025|INTERMEDIATE|9 MIN READBitcoin Resistance and Support Levels — What They Are and How to Trade ThemLearn how resistance and support levels for Bitcoin and other cryptocurrencies are formed and how to trade with them. Key Takeaways: Resistance and support levels are critical price points on a chart where the price tends to either revers…
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…They also look for trends in the chart on price and volume, as well as candlestick patterns that display price movements with candlestick shapes.It’s important to note that while technical analysis is widely used, it has its limitations, and the cryptocurrency market can be highly volatile and influenced by various factors, including current events and market sentiment. Traders often use a combination of technical analysis and fundamental analysis to make more informed decisions.Key TakeawayTe…
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