When looking at Bitcoin price charts in “candle view,” you will see red candles and green candles, which represent the price movement of Bitcoin in a given time frame.
ou may also notice that there is a thin line protruding from the top or bottom of these candles – these are called “wicks,” like candle wicks. They are also called “streaks” or “shadows,” but the reflections have more meaning for us!
The main body of the candle is the price at which Bitcoin started (opened) and closed (closed) during the time period specified in your candlestick chart. The wick is the highest and lowest price reached by Bitcoin during this period.
Disclaimer: The information provided on this blog is for informational purposes only and should not be taken as any form of advice.
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