2 days ago
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This guide will be a series of blog posts. I will create a dedicated Medium library to organize them.
If you are not a medium member, You can read it here. You can read all the blogs for this technical guide here.
Once you have found a crypto coin on the market, you need to know how to analyse the chart or the prize of the coin over time. This is called Technical Analysis.
I prefer to analyse using candlestick charts. Since the candlestick provides more information about the price action in the specific time frame.
This chart is every 5 minutes candlestick chart. What that means → each candlestick represents 5 minutes of the market trend.
Let's talk about this green candlestick [07:02 30 - 07:07 30]
Open / Start — It is the start / open price for the time frame basically, the SOL coin value of 07:02:30 was $246.90
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