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2023年9月16日 at 6:23 PM #264091AccicGuest
Most people refer to Ethereum as cryptocurrency when there’s a slight difference between the organization itself and the native currency that they use for their own blockchain. So, to be clear, Ethereum is a blockchain platform, and Ether or ETH is its currency. ETH is the second-largest cryptocurrency by market capitalization after Bitcoin (BTC). And, with regard to the underlying technology, many traders find it even more interesting than the oldest Nakamoto’s coin. Ethereum token standards are the blueprints for creating tokens that are compatible with the broader Ethereum network. These include tokens that can be traded for one another (fungible) as well as tokens that are inherently unique and cannot be mutually exchanged (NFTs). Ethereum token standards were invented by Ethereum developers to help users create new digital currencies more easily, faster and cheaper than starting from scratch.
While similar in appearance to a bar chart, each candlestick represents four important pieces of information for that day: open and close in the thick body, and high and low in the “candle wick”. Being densely packed with information, it tends to represent trading patterns over short periods of time, often a few days or a few trading sessions. Bullish Marubozu Candlestick on Bitcoin Price Chart | Source: BTC-USDT An understanding of charts can be a pillar of success in markets. This article provided the first foray into candlesticks in crypto charts but is by no means exhaustive. Traders track a wide range of patterns and it often takes significant experience to leverage them with consistent success. Where you can find examples of fetching real-time data from the crypto exchange. The author notifies that this library was designed in favour of speed and crypto. Hope this helps you out! Learn more about Blockchain and its concepts from the Blockchain technology courses.