Cryptocurrency Q&A
How to read a crypto heatmap?
How to read a crypto heatmap?
MysticInfinity
Thu Jan 02 2025
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5 answers
1581
I'm trying to understand how to interpret a crypto heatmap. I want to know what the different colors on the map represent and how they can help me make sense of the cryptocurrency market trends.
5 answers
Martina
Sat Jan 04 2025
Specifically, a darker shade of green signifies a stronger bullish price action, while a darker shade of red indicates a more significant bearish trend.
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Ilaria
Sat Jan 04 2025
By observing multiple timeframes, traders can gain a comprehensive understanding of the overall market sentiment.
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Starlight
Sat Jan 04 2025
For instance, if multiple timeframes display dark green, it suggests a strongly bullish overall price action.
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InfinityRider
Sat Jan 04 2025
The intensity of color on a price chart indicates the level of bullishness or bearishness within a specific timeframe.
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SkyWalkerEcho
Sat Jan 04 2025
Conversely, if multiple timeframes show dark red, it implies a prevailing bearish trend in the market.
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