Understanding the Trade Chart
The trade chart on FuelUp uses an OHLC (Open-High-Low-Close) graph to visually represent the price movements of meme tokens over time. It provides a clear and structured way to analyze the token’s performance in intervals.
Axes Explanation
X-Axis: Displays time, divided into 15-minute intervals.
Y-Axis: Represents the price of the meme token in ETH.
Understanding OHLC Components
For every 15-minute interval, the chart shows the following details:
O (Open): The price at the beginning of the interval.
C (Close): The price at the end of the interval.
H (High): The highest price reached during the interval.
L (Low): The lowest price reached during the interval.
Interpreting the Colors on the Chart
Green Bars: Indicate that the price increased during the interval (Close > Open).
Red Bars: Indicate that the price decreased during the interval (Close < Open).
Price Movement Insights
Token Buy: An increase in buying activity pushes the graph upwards.
Token Sale: An increase in selling activity causes the graph to decline.
This trade chart helps users track token trends and make informed decisions about buying or selling meme tokens on FuelUp.
Last updated