degen chad on Warpcast

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https://warpcast.com/~/channel/success

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degen chad pfp

Since some people asked for it, I’m going to do a series on reading trading charts. The most commonly used type of chart is a Japanese candlestick chart, so we will begin here. This is part 1 -Candles represent the price action that takes place in a specified time period. For instance, a daily chart, each candle (bar) represents the price action from a single day, even though the full chart will show many days of price action. The main timeframes I use are 15 minute, 4hr, 1d, 1w depending on volatility or what type of trading I’m doing. -green candles close higher than they open. The bottom of the candle body represents opening price, the top is the closing price. The shadows (wicks) represent the high and low price for the period. -red candles close lower than they open. The top represents the opening price, the bottom represents the close. The shadows (wicks) represent the high and low price for the period. This is the most basic part of reading a chart, but a single candle contains loads of info.

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Maretus pfp

Haha already learning a lot. I didn't know what the little bars meant in related to open/close and highest/lowest. Very informative piece dude. This is the type of content that we need in /success, so thank your for continuing to share it. Just a thought, would you be interested in doing a longer piece for the new publication me and @cryptim.eth created called "Success Frens"? Or even better, you could take all of these casts you are making and compile them into a single blog post that way people can reference it in the future. What do you think?

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degen chad pfp

Yeah, I can try to compile it all when I’m done going through the basics. Tough to squeeze it in with character limits.

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Tim pfp

I can add you to paragraph account if you want, just let me know. I'll dump my whole allowance on you too 🍖x100 $degen

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degen chad pfp

Ok, I’ll let you know once I get through the series.

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