How does this candle work? (Beginner question)
| |
I know this may be a stupid question for y'all but I need to understand this. So I've been looking at this SOL memecoin and I notice everytime there's a big buy (5+ SOL) it makes a candle go up alot. But I have a question, does this mean the person paid the current market price for that buy (0.0(3)4000) or gradually paid more for it, since it made the candle go up (0.0(3)5300)? And why would this raise the price of a coin? Lack of people selling for that price? This is on 1 second timeframe. submitted by /u/KindSoul- |
