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Wondering when to buy which cryptocurrency? While researching cryptocurrency assets, you may encounter a special type of price chart called a 'candlestick chart.' Therefore, it is best to take some time to understand how it works.
Similar to more common line charts and bar charts, candlesticks display time on the horizontal axis and price data on the vertical axis. However, unlike simpler charts, candlesticks provide more information. At a glance, you can see the highest and lowest prices the asset reached within a given time range, as well as its opening and closing prices.