Green Candle
A green candle shows that the price of a cryptocurrency closed higher than it opened. This means that traders were feeling positive about the market during that time. A tall green candle with a small tail on top suggests strong buying activity.
More terms under G
- Graphical Processing Unit (GPU)A GPU, or graphics card, is a computer chip that makes 3D images for games and videos. It is also used effectively for mining cryptocurrencies, which means…
- Gray Swan EventA gray swan event is a major event that can be anticipated, but is unlikely to happen.
- Greater Fool TheoryThe greater fool theory says that you can sell an overpriced asset to someone else who believes it will be worth even more later. There's always someone…
- Group MiningGroup mining is when several people work together to mine cryptocurrency, sharing their resources and rewards instead of mining alone.
- GweiGwei is a small unit of measurement used to describe the cost of processing transactions on the Ethereum network.
- gm Good Morninggm is a shorthand way of saying "good morning." It's commonly used in the crypto community for casual greetings. Similarly, "gn" is used to say "good night"…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.