Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
The figure above is an example of __________.
A.
line chart
B.
candlestick chart
C.
moving average line
D.
Bollinger band
![The image is a screenshot of a cryptocurrency trading chart from Coinone, showing the price of Bitcoin (BTC) against the South Korean Won (KRW) over time. Here's a detailed explanation of the components and the graph:
### Chart Overview:
- **Platform**: Coinone PRO CHART
- **Currency Pair**: BTC/KRW
- **Timeframe**: 15-minute intervals
### Candlestick Chart:
The chart displays a series of candlesticks, each representing the price movement of Bitcoin during a 15-minute period.
- **Green Candlesticks**: These indicate that the closing price was higher than the opening price in that period, suggesting an upward trend.
- **Red Candlesticks**: These show that the closing price was lower than the opening price, indicating a downward trend.
### Price Analysis:
- **Current Price**: 17,420,000 KRW
- **Highest Recorded Price (H) for the Day**: 17,440,000 KRW
- **Lowest Recorded Price (L) for the Day**: 15,140,000 KRW
- **Closing Price at a Specific Time (T)**: 17,420,000 KRW at 2020/11/06 08:15
### Market Data (at the top of the chart):
- **BTC/KRW**: 17,420,000
- **Bitfinex BTC Fundamentals**:
- Sell: 15,649.5745
- Buy: 15,694.088
- **Ethereum (ETH) Rate**: 494,500 KRW
- **Bitfinex ETH Fundamentals**:
- Sell: 495.041
- Buy: 444.4734
### Other Cryptocurrencies:
Various other cryptocurrencies such as Ethereum Classic (ETC), XRP, QTUM, and Bitcoin Cash (BCH) are featured with their respective exchange rates and fluctuations in value on Bitfinex, noted by buy and sell prices.
### Additional Features:
- **Selection Tool**: Users can select a specific tool for analysis.
- **Time Navigator**: Allows users to navigate through different time frames.
- **Grid**: The background grid aids in comparison, with horizontal lines marking specific price levels.
This chart is essential for traders and analysts to study price trends and make informed trading decisions.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1b473a5c-d331-480c-a1f5-f626f25ae54f%2Fcce04a2b-488b-4a38-94e8-1fa037740b75%2Fwg15w65_processed.png&w=3840&q=75)
Transcribed Image Text:The image is a screenshot of a cryptocurrency trading chart from Coinone, showing the price of Bitcoin (BTC) against the South Korean Won (KRW) over time. Here's a detailed explanation of the components and the graph:
### Chart Overview:
- **Platform**: Coinone PRO CHART
- **Currency Pair**: BTC/KRW
- **Timeframe**: 15-minute intervals
### Candlestick Chart:
The chart displays a series of candlesticks, each representing the price movement of Bitcoin during a 15-minute period.
- **Green Candlesticks**: These indicate that the closing price was higher than the opening price in that period, suggesting an upward trend.
- **Red Candlesticks**: These show that the closing price was lower than the opening price, indicating a downward trend.
### Price Analysis:
- **Current Price**: 17,420,000 KRW
- **Highest Recorded Price (H) for the Day**: 17,440,000 KRW
- **Lowest Recorded Price (L) for the Day**: 15,140,000 KRW
- **Closing Price at a Specific Time (T)**: 17,420,000 KRW at 2020/11/06 08:15
### Market Data (at the top of the chart):
- **BTC/KRW**: 17,420,000
- **Bitfinex BTC Fundamentals**:
- Sell: 15,649.5745
- Buy: 15,694.088
- **Ethereum (ETH) Rate**: 494,500 KRW
- **Bitfinex ETH Fundamentals**:
- Sell: 495.041
- Buy: 444.4734
### Other Cryptocurrencies:
Various other cryptocurrencies such as Ethereum Classic (ETC), XRP, QTUM, and Bitcoin Cash (BCH) are featured with their respective exchange rates and fluctuations in value on Bitfinex, noted by buy and sell prices.
### Additional Features:
- **Selection Tool**: Users can select a specific tool for analysis.
- **Time Navigator**: Allows users to navigate through different time frames.
- **Grid**: The background grid aids in comparison, with horizontal lines marking specific price levels.
This chart is essential for traders and analysts to study price trends and make informed trading decisions.
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