What is a Candlestick Chart?

1/8/2025, 3:20:31 AM
A candlestick chart is a tool used in technical analysis to track price movements in commodities or financial markets. It consists of four key prices: the opening price, closing price, highest price, and lowest price, forming a candle-like shape. The chart visually displays market trends, buying and selling pressure, and price fluctuations, helping investors quickly understand market conditions. Different colors represent price increases or decreases, while the shape of the candlestick reflects market sentiment. Although a candlestick chart is a powerful tool, it has limitations and should be used alongside other analysis methods for more comprehensive investment decisions.
Author: Sonia
Translator: Sonia
Reviewer(s): Edward、Piccolo
Translation Reviewer(s): Ashely、Joyce
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
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Tether announced that it will terminate support for USDT on the Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand networks starting September 1, 2025. The official statement indicates that this move aims to optimize the overall infrastructure layout, align with the actual usage trends of the community, and focus resources on blockchains with greater application value and development activity.
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Sui (SUI) will unlock 44 million Tokens on September 1 at 8:00, worth approximately 161 million USD, accounting for 1.25% of the Circulating Supply.
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Tether plans to stop supporting USDT on the five major blockchains Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand starting September 1, 2025, and will freeze the remaining tokens. Tether stated that this move is part of a broader effort to optimize infrastructure, align with community usage trends, and refocus resources on high-utility and actively developed blockchains.
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WLFI will be launched on Ethereum on September 1st, and will open for claiming and trading. Early supporters (rounds of $0.015 and $0.05) will unlock 20%, while the remaining 80% will be decided by community vote. The tokens of the founding team, advisors, and partners will not be unlocked. Trading will start at 20:00 on September 1st, along with the claiming of 20% of the tokens.
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NFT AI Product Launch
Nuls will launch an NFT AI product in the third quarter.
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