What is a Candlesticks Bitcoin Chart in Bitcoin Trading?

Types of Charts in Bitcoin Trading

There are three types of charts used in Bitcoin: Line charts, bar crypto charts & candles bitcoin charts.

Candles Bitcoin Charts - the candlesticks crypto charts use the same bitcoin trading price data as bar crypto charts (open, high, low, and close). However, they in a much more easily identifiable way which resembles a candle with wicks on both ends.

How to Read Crypto Candlestick Charts

Rectangle section is called the body.

The high & low are described as shadows and plotted as poking lines.

What's Candlesticks Crypto Chart in Crypto Trading?

The color of the bitcoin trading candlestick is either blue or red

• (Blue or Green Color candle) - Bitcoin Prices moved up
• (Red Color candle) - Bitcoin Prices moved down

Most trading platforms like the MT4 Bitcoin Trading Platform , use colors to mark the direction. Colors used are blue or green: - green candle when bitcoin trading price moves up, red candle when bitcoin trading price moves down.