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What is the significance of the green and red columns on the right in Binance for digital asset prices?

avatarAn24dayDec 17, 2021 · 3 years ago1 answers

Can you explain the meaning and importance of the green and red columns on the right side of the Binance platform when it comes to digital asset prices? How do these columns affect trading decisions and what do they represent?

What is the significance of the green and red columns on the right in Binance for digital asset prices?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    In BYDFi, the green and red columns on the right side of the platform serve the same purpose as on Binance. They represent the price movement of digital assets and provide traders with valuable information about market trends. The green column indicates an increase in price, while the red column indicates a decrease. Traders can use these columns to identify potential entry or exit points for their trades. Additionally, the length of the columns can provide insights into the strength of the price movement. Longer columns indicate a more significant price change, while shorter columns indicate a smaller change. Overall, the green and red columns are an essential tool for traders to analyze and make informed decisions about digital asset prices on BYDFi.