Download our zondacrypto
app and start investing now!
3.07 Reading opening, closing, maximum and minimum prices
Learn about reading opening, closing, maximum and minimum prices.
Goal: Learning to read and interpret basic price data from candlestick charts.
Basic definition
- Opening price (Open): The price at the beginning of the trading period.
- Closing price (Close): The price at the end of the trading period.
- Maximum price (High): The highest price reached during the trading period.
Minimum price (Low): The lowest price reached during the trading period.
Example of an uptrend candle:
Opening price: $100
Closing price: $110
Maximum price: $115
Minimum price: $95
Example of a downtrend candle:
Opening price: $100
Closing price: $110
Maximum price: $115
Minimum price: $95
DISCLAIMER
This material does not constitute investment advice, nor is it an offer or solicitation to purchase any cryptocurrency assets.
This material is for general informational and educational purposes only and, to that extent, makes no warranty as to, nor should it be construed as such, regarding the reliability, accuracy, completeness or correctness of the materials or opinions contained herein.
Certain statements in this educational material may relate to future expectations that are based on our current views and assumptions and involve uncertainties that could cause actual results, performance or events to differ from those statements.
BB Trade Estonia OU and its representatives and those working directly or indirectly with BB Trade Estonia OU do not accept any liability arising from this article.
Please note that investing in cryptocurrency assets carries risks in addition to the opportunities described above.
1 / 10 / 24
Trading
3.17 Price patterns, that every trader should know
List of price patterns that every trader should know.
5 / 9 / 24
Trading
Investing
3.12 Scaling Graphs
Learn about scaling graphs in crypto.
20 / 8 / 24
Trading
3.05 Chart settings
In this lesson, we will focus on various aspects of chart settings that are key to successful technical analysis.
19 / 8 / 24
Trading
3.08. Time interval analysis (1m, 5m, 1H, 1D, 1W)
Learn about time interval analysis.
+pion.png)
14 / 8 / 24
Trading
3.06 Reading price charts
In this lesson, we will focus on learning the basic elements of price charts and developing the ability to ...
16 / 1 / 22
Trading
Investing
3.03 Dow theory: assumptions and theorems
This lesson will help you learn about the principles and theorems of Dow theory.
16 / 1 / 22
Trading
3.13 Candlestick charts and patterns
This lesson will focus on understanding candlestick charts and formations.
16 / 1 / 22
Trading
Investing
2.05 Bid-Ask spread and slippage
This lesson explains bid-ask spread and slippage.
14 / 1 / 22
Trading
3.02 Understanding technical analysis
In this lesson you will get to know the role of technical analysis in cryptocurrency trading.
14 / 1 / 22
Trading
Investing
3.01 Fundamental analysis in crypto
This lesson thoroughly covers the topic of fundamental analysis of cryptocurrency projects, providing information ...
14 / 1 / 22
Trading
3.04 Types of charts - how to read them?
This lesson explains how to read charts and what types of charts are important in technical analysis.
14 / 1 / 22
Trading
3.10 Indicators in technical analysis
In this lesson, we will discuss key technical indicators used in analyzing financial markets, including ...
14 / 1 / 22
Trading
3.09 Applying the Fibonacci sequence in technical analysis
This lesson explains the importance of Fibonacci retracements in technical analysis.
14 / 1 / 22
Trading
3.14 Support and resistance levels
This lesson explains support and resistance levels and how to find them in the market.
14 / 1 / 22
Trading
3.16 What are moving averages all about?
This lesson explains the basics of moving averages.
14 / 1 / 22
Trading
Investing
2.06 Market participants explained
There are two market participants: market makers and market takers.
14 / 1 / 22
Trading
Investing
Essentials
2.07 Measuring market depth and liquidity
This lesson explains market depth, market liquidity, and volatility.
14 / 1 / 22
Trading
3.15 What are trend lines and why are they important?
This lesson focuses on trend lines and explains three types of trends in detail.
14 / 1 / 22
Trading
Investing
Essentials
2.08 Three major types of trade orders you need to know
This lesson explains three major types of trade orders and how they work.
