What is the time of day when the daily candle for bitcoin closes?
Christensen LodbergNov 28, 2021 · 3 years ago7 answers
Can you please tell me at what time of the day the daily candle for bitcoin closes? I am trying to understand the trading patterns and want to know when the daily candlestick chart for bitcoin ends.
7 answers
- Nov 28, 2021 · 3 years agoThe daily candle for bitcoin usually closes at 00:00 UTC. This is the standard time used in the cryptocurrency market to determine the closing and opening of daily candles. It is important to note that different exchanges may have slight variations in their closing times, so it's always a good idea to check the specific exchange you are trading on.
- Nov 28, 2021 · 3 years agoThe daily candle for bitcoin closes at midnight UTC. This is the time when the previous day's trading activity is finalized and a new candle begins. It's a crucial moment for traders as it helps them analyze the price action and make informed decisions for the next trading day.
- Nov 28, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, the daily candle for bitcoin closes at 00:00 UTC. This is the time when the exchange finalizes the daily trading data and prepares for the next day. It's important to keep track of this time if you are actively trading bitcoin on BYDFi or any other exchange.
- Nov 28, 2021 · 3 years agoThe daily candle for bitcoin closes at midnight UTC. This is the time when the market activity for the day is considered complete, and a new candle begins. Traders often analyze the closing price and the overall candlestick pattern to make trading decisions. It's worth noting that different exchanges may have slightly different closing times, so it's always a good idea to check the specific exchange you are using.
- Nov 28, 2021 · 3 years agoThe daily candle for bitcoin closes at 00:00 UTC, marking the end of the trading day. This is an important time for traders as it helps them identify key support and resistance levels for the next day. It's crucial to keep track of the closing time to make informed trading decisions.
- Nov 28, 2021 · 3 years agoThe daily candle for bitcoin closes at midnight UTC, which is the standard time used in the cryptocurrency market. This is when the trading activity for the day is considered complete, and a new candle begins. Traders often analyze the closing price and volume to gain insights into market sentiment.
- Nov 28, 2021 · 3 years agoThe daily candle for bitcoin closes at 00:00 UTC. This is the time when the trading activity for the day is finalized, and a new candle starts. Traders often pay close attention to the closing price as it can provide valuable information about market sentiment and potential price movements.
Related Tags
Hot Questions
- 97
How does cryptocurrency affect my tax return?
- 82
What are the best digital currencies to invest in right now?
- 82
What is the future of blockchain technology?
- 71
What are the advantages of using cryptocurrency for online transactions?
- 68
How can I protect my digital assets from hackers?
- 61
Are there any special tax rules for crypto investors?
- 41
What are the tax implications of using cryptocurrency?
- 29
How can I buy Bitcoin with a credit card?