When viewing a cryptocurrency on Poloniex, the charts will show candlestick charting patterns as the price changes. What do those candlesticks mean?
Each candle represents the highest and lowest price for that timespan. The thick body is the opening and closing price during that time.
- In a green candle, the bottom of the body is the opening price, and the top is the closing price.
- In a red candle, the top of the body is the opening price, and the bottom is the closing price.
- The wicks/shadows indicate the full fluctuation of price over the duration of the candle time frame.