What is the meaning of 'h' and 'w' in cryptocurrency trading?

3 answers

• Dec 15, 2021 · 3 years ago
  In cryptocurrency trading, 'h' typically refers to the highest price that a particular cryptocurrency has reached within a specific time period. It represents the peak value that the cryptocurrency has achieved during that time frame. On the other hand, 'w' usually stands for the lowest price that the cryptocurrency has reached within the same time period. It represents the bottom value or the lowest point that the cryptocurrency has hit. These terms are commonly used in technical analysis to analyze price movements and identify trends in the market.
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• Dec 15, 2021 · 3 years ago
  When it comes to cryptocurrency trading, 'h' stands for 'high' and 'w' stands for 'low'. These terms are used to represent the highest and lowest prices that a cryptocurrency has reached within a given time period. By analyzing the 'h' and 'w' values, traders can gain insights into the price volatility and potential price levels of a cryptocurrency. It's important to keep in mind that 'h' and 'w' are just two of the many factors that traders consider when making trading decisions.
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• Dec 15, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, defines 'h' and 'w' in cryptocurrency trading as follows: 'h' refers to the highest price that a cryptocurrency has reached within a specific time period, while 'w' represents the lowest price that the cryptocurrency has reached within the same time frame. These terms are widely used in the cryptocurrency trading community to analyze price movements and identify potential entry and exit points for trades. Traders often look for patterns and trends in the 'h' and 'w' values to make informed trading decisions.'
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