Cryptocurrency Q&A What is long day candle?

What is long day candle?

GeishaGrace GeishaGrace Sun Dec 15 2024 | 5 answers 1017
I heard about this thing called 'long day candle' and I'm curious to know what it is. Could someone explain to me what a long day candle is? What is long day candle?

5 answers

Matteo Matteo Tue Dec 17 2024
The body of this candlestick is notably elongated, reflecting a substantial price movement.

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Moonshadow Moonshadow Tue Dec 17 2024
The extended length of the body underscores a dramatic shift in prices from the opening to the closing of the trading session.

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Sara Sara Tue Dec 17 2024
When a long candle appears as a white or green candlestick, it is indicative of intense buying activity.

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BlockchainLegend BlockchainLegend Tue Dec 17 2024
A long candle in Japanese candlestick charts signifies a distinctive formation.

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WhisperWind WhisperWind Tue Dec 17 2024
This robust buying pressure often serves as a signal of a bullish market trend.

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