Understanding Dildo and Crypto Candlestick Charts
Crypto candlestick charts display price movements related to cryptocurrencies.
Users will observe red or green candles positioned along each axis when examining these charts.
These candles provide valuable insights into the price range of an asset or the exchange rate during specific periods.
The Dildo Phenomenon Explained
When the price of a coin rises dramatically, such a line on a candlestick chart soars up to the sky.
And that’s, essentially, where the name comes from.
As funny as it sounds, people associate this phenomenon with a dildo.
How to Use
Chart reading is the single most crucial investing skill you’ll ever learn.
Cryptocurrency trading cover exchanging fiat currency with crypto.
Also, it refers to exchanging, buying, and selling of cryptocurrencies.
It meets some similarities with foreign exchange or forex, wherein fiat currencies are traded 24 hours a day.
Many players are investing in developing payment gateways and platforms for the payment process of their currencies.