Wick
When you look at Bitcoin price charts in “candle view”, you will see red candle and green candles, which represent the price movement of Bitcoin in a given time frame.
You may also notice that there is a thin line that sticks out from the top or bottom of these candles – these are called “wicks”, like candle wicks – which you can see in the image below. They are also called “trails” or “shadows” but wicks makes more sense to us!
The main body of the candle is the price that Bitcoin began (opened) and finished (closed) at in the time period specified in your candlestick chart. The wick is the highest and lowest price that Bitcoin reached in that time period.
Latest Articles
Norwegian Town Kicks Out miners At Great Cost
If there’s one guilty pleasure a Bitcoiner has to get used to, then it’s the steady serving of schadenfreude from no coiners who don’t get
What Is cbBTC?
The centralisation risk around Coinbase seems to have no limits, with the US’s largest Bitcoin honeypot constantly looking for new ways to source and custody
What Is A SolarBit?
In an era where sustainability and technological innovation converge, the Solarbit project stands out as a new foray into the Bitcoin mining world. One of