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Let’s use a 1-hour candlestick chart for instance. The chart is divided into “candles” that give us details about Litecoin’s value action in 1-hour chunks. Every candlestick will show LTC’s opening worth, closing price, naked URL in addition to the highest and lowest costs that Litecoin reached within the 1-hour period. It’s additionally vital to concentrate to the colour of the candle – a green candle signifies that the closing worth was increased than the opening price, whereas a pink candle tells us the opposite. Some charts will use hollow and crammed candlestick bodies as an alternative of colours to signify the same factor.

Is the value now at its 45-week low? Or is it at its maximum? You probably know the saying “buy low, promote high”. Let me show you an amazing example of what I mean on the Ethereum chart which shows the value motion from the beginning of the 12 months 2017 to 12.6.2017.

1. Discover profession opportunities within the crypto market

One technique to “make investments” within the cryptocurrency market is by working for a crypto firm. And now, there are extra selections than ever. Crypto-associated job alternatives surged 395% within the US between 2020 and 2021, in keeping with LinkedIn. That’s about 4 instances more than job listings within the broader tech industry.