Monero Price Charts are there to show you the actual rates of Monera in realtion to other crurrencies and cryptocurrencies .
you need to know how to read the chart in order to derive the right information from what you are seeing
Candlestick bars still indicate the high-to-low range with a vertical line. However, in candlestick charting, the larger block (or body) in the middle indicates the range between the opening and closing prices.
Traditionally, if the block in the middle is filled or colored in, then the currency pair closed lower than it opened.
The advantages of candlestick Monero Price Charts are:
Candlesticks are easy to interpret, and are a good place for beginners to start figuring out forex chart analysis.
Candlesticks are easy to use! Your eyes adapt almost immediately to the information in the bar notation. Plus, research shows that visuals help with studying, so it might help with trading as well!
Candlesticks and candlestick patterns have cool names such as the “shooting star,” which helps you to remember what the pattern means.
Candlesticks are good at identifying market turning points – reversals from an uptrend to a downtrend or a downtrend to an uptrend. You will learn more about this later.