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Wick

In trading charts, a wick is a line that extends above or below a candlestick body. It represents the highest and lowest price points reached during a trading period, such as a day or an hour. The candlestick body represents the opening and closing prices during the trading period, while the wick represents the range of prices that occurred during that time. For example, a long wick on the top of a green candlestick may indicate that the price briefly reached a high level before dropping back down to close at a lower level. Understanding wicks and other candlestick chart patterns can help traders identify potential support and resistance levels, as well as entry and exit points for trades.

  • Order Book
    An order bookAn order book on a cryptocurrency exchange is a list of buy and sell orders for a specific cryptocurrency, showing the quantity of the cryptocurrency... on a cryptocurrencyCryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies use decentralized technology called blockchain... exchangeA […]
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  • Fork
    A forkA fork in cryptocurrency occurs when there is a divergence in the blockchain, resulting in the creation of a new cryptocurrency. There are two types... in cryptocurrencyCryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. Cryptocurrencies use decentralized technology called blockchain... occurs when there […]
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  • All or None Order (AON)
    AON (All or None) orders are a type of order in which the entire order must be filled or none of it will be executed. This is often used to ensure that a trader only buys or sells an asset in a single transaction rather than in pieces. Trade bots can use AON orders as […]
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