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Crypto Terms:  Letter W

What are Whiskers (Wicks)?

Meaning:
Whiskers (Wicks) - the lines in a candlestick chart that extend from the colored bar and show the whole low-high range of a trading pair during a given time frame.
medium
2 minutes

Let's find out Whiskers (Wicks) meaning, definition in crypto, what are Whiskers (Wicks), and all other detailed facts.

A whisker (also known as a wick) refers to the vertical lines that run above and below the core boxes or bars. Typically, it appears on a graph of a financial product, asset, or security. The graphs are usually referred to as candlestick charts.

Every candlestick chart segment usually has a solid box. It's also referred to as a candlestick body. A solid box is created by the starting and closing prices. Two whiskers go above and below the solid box. If the box and whiskers are red (or black), the price of the underlying asset declined during that time period. However, if the box and whiskers are green – the price grew.

The candle represents the asset's opening and closing prices. The whiskers, on the other hand, represent the upper and lower limits of the underlying asset's price during a certain time period.

The whiskers themselves display price extremes. This allows traders to have a better understanding of market sentiment and momentum. Essentially, whiskers are generated as a visual record of price movement in relation to the opening and closing prices.

The whisker's length is important:

  • Short wicks indicate that the highest (or the lowest) price is close to the opening (or the closing) price.
  • A lengthy wick suggests that the market experienced higher levels of volatility. Some technical analysts believe that a lengthy wick generally signals a price reversal. In this case, the market moves in the opposite direction of the wick.

In addition, candles can also be wickless. The closing and opening prices of these candles match the high and low markings of that particular candlestick. The shape of such candles is square or rectangular.

Candlestick patterns are definitely something that should be considered when trying to understand and forecast market sentiment and price movements. However, it's crucial to remember that candlestick analysis should be used in conjunction with other tools and technical analysis indicators.

hacking - white hat hacking and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-black-hat-hacker/">black hat hacking<\/strong><\/a>. One of which does this as a way of safeguarding the system, while the other one manipulates the vulnerabilities for his own gains.<\/p>\n<p>They use a variety of strategies to do this. The most common method, however, is to <strong>utilize programming abilities to find defects in order to obtain access to the system<\/strong> or force it to act in ways that its developers never anticipated.<\/p>\n<p>White hat hacking is often conducted by paid experts. They utilize their abilities to secure the privacy and personal information of those who use the system. An ethical hacker may attempt to publicly reveal a software vulnerability that they identified but did not disclose to the corporation responsible for creating and maintaining it.<\/p>\n<p>The CEH certification, provided by the <strong>EC-Council<\/strong> (International Council of Electronic Commerce Consultants), is a cutting-edge ethical hacking certification. It is frequently regarded being one of the most sophisticated ethical hacking courses accessible today.<\/p>\n<p>The course teaches students how to seek for holes and weaknesses in target systems, using the same information and tools as a malicious hacker, but in <strong>a lawful and ethical way<\/strong> to analyze a target system's defense capabilities.<\/p>\n<p>In essence, white hat hackers are very important for maintaining security. They hack into systems, discover weaknesses before malicious hackers do, and then operate with the company to fix them. This prevents the weaknesses from evolving into bigger issues for users.<\/p>","definition":"is someone who uses their knowledge and abilities to improve security by exposing flaws.","status":"published","meta_title":"What is White Hat Computer Hacker? Definition & Meaning | Crypto Wiki","meta_description":"White Hat Computer Hacker meaning: White Hat Computer Hacker - is someone who uses their knowledge and abilities to improve security by exposing flaws.","meta_keywords":null}" :prev-section="{"id":818,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Slang","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-11-04T07:59:56.000000Z","slug":"what-does-when-moon-mean","title":"What does When Moon mean?","section":"W","keyword":"When Moon","content":"<p>When someone asks <em>\"when moon?\"<\/em> it's most likely an <strong>eager trader<\/strong> who wants to <strong>know when a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cryptocurrency/">cryptocurrency's value is set to surge<\/strong>. When <strong><a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin's value skyrocketed in 2017<\/strong>, excitement spread over what lay ahead for the crypto markets, and <strong>the word &ldquo;moon&rdquo; gained traction<\/strong>. <em>\"Bitcoin has gone to the moon,\"<\/em> was a <strong>frequent claim of crypto enthusiasts<\/strong>.<\/p>\n<p>Some cryptocurrency aficionados joke that the term <em>\"Bitcoin to the moon\"<\/em> <strong>refers to the day when the cryptocurrency's price will be high enough to pay for a roundtrip tourist ticket to and from the moon<\/strong>. The phrase <em>\"when moon\"<\/em> is also <strong>connected with inexperienced crypto investors who rush into the market in the hopes of making huge riches<\/strong>. For instance, a cryptocurrency buyer might say, <em>\"I got a bag of BTC for $26,000, when moon?\"<\/em>.<\/p>","definition":"an expression used to ask when the price of cryptocurrencies will skyrocket.","status":"published","meta_title":"What does When Moon mean? Definition & Meaning | Crypto Wiki","meta_description":"When Moon meaning: When Moon - an expression used to ask when the price of cryptocurrencies will skyrocket.","meta_keywords":null}" :model="{"id":1019,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Candlestick_chart","level":"medium","author_id":1,"created_at":"2023-06-19T06:59:01.000000Z","updated_at":"2024-01-09T15:13:30.000000Z","slug":"what-are-whiskers-wicks","title":"What are Whiskers (Wicks)?","section":"W","keyword":"Whiskers (Wicks)","content":"<p>A whisker (also known as a wick) refers to <strong>the vertical lines that run above and below the core boxes or bars. <\/strong>Typically, it appears on a graph of a financial product, asset, or security. The graphs are usually referred to as <strong><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-are-candlesticks/">candlestick charts<\/a>.<\/strong><\/p>\n<p>Every candlestick chart segment usually has <strong>a solid box.<\/strong> It's also referred to as a candlestick body. A solid box is created by the starting and closing prices. Two whiskers go above and below the solid box.<strong> <\/strong>If the box and whiskers are red (or black), the price of the underlying asset declined during that time period. However, if the box and whiskers are green &ndash; the price grew.<\/p>\n<p>The candle represents the asset's opening and closing prices. The whiskers, on the other hand, represent the upper and lower limits of the underlying asset's price during a certain time period.<\/p>\n<p>The whiskers themselves display price extremes. This allows traders to have a better understanding of market <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-sentiment/">sentiment <strong>and <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-market-momentum/">momentum. Essentially, whiskers are generated as a visual record of price movement in relation to the opening and closing prices.<\/p>\n<p>The whisker's length is important:<\/p>\n<ul>\n<li>Short wicks indicate that the highest (or the lowest) price is close to the opening (or the closing) price.<\/li>\n<li>A lengthy wick suggests that the market experienced higher levels of volatility. Some technical analysts believe that <strong>a lengthy wick generally signals a price reversal. <\/strong>In this case, the market moves in the opposite direction of the wick.<\/li>\n<\/ul>\n<p>In addition, candles can also be <strong>wickless.<\/strong> The closing and opening prices of these candles match the high and low markings of that particular candlestick. The shape of such candles is square or rectangular.<\/p>\n<p>Candlestick patterns are definitely something that should be considered when trying to understand and forecast market sentiment and price movements. However, it's crucial to remember that <strong>candlestick analysis should be used in conjunction with other tools and technical analysis indicators.<\/strong><\/p>","definition":"the lines in a candlestick chart that extend from the colored bar and show the whole low-high range of a trading pair during a given time frame.","status":"published","meta_title":"What are Whiskers (Wicks)? Definition & Meaning | Crypto Wiki","meta_description":"Whiskers (Wicks) meaning: Whiskers (Wicks) - the lines in a candlestick chart that extend from the colored bar and show the whole low-high range of a trading pair during a given time frame.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master&rsquo;s degree on Economics, Politics &amp; Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US&rsquo; Western and Japan&rsquo;s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He&rsquo;s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain &amp; Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}" :chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? The Pros & Cons","status":"published","modified_content":null},{"chapter_id":2,"order":4,"slug":"coin-vs-token","title":"Coin VS Token: How Do They Differ?","status":"published","modified_content":null},{"chapter_id":2,"order":5,"slug":"what-are-stablecoins","title":"What are Stablecoins, Altcoins & Wrapped Coins?","status":"published","modified_content":null},{"chapter_id":2,"order":6,"slug":"what-is-a-bitcoin","title":"Bitcoin: the Pioneer of the Crypto World","status":"published","modified_content":null},{"chapter_id":2,"order":7,"slug":"what-is-ethereum","title":"The Ultimate Blockchain for dApp Creation: Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":8,"slug":"what-is-cardano-in-crypto","title":"What is Cardano and What is It Used For?","status":"published","modified_content":null},{"chapter_id":2,"order":9,"slug":"what-is-shiba-inu-coin","title":"Shiba Inu: the Dogecoin 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Wallet?","status":"published","modified_content":null},{"chapter_id":4,"order":2,"slug":"hot-wallet-vs-cold-wallet","title":"Hot Wallet VS Cold Wallet: Which One to Pick?","status":"published","modified_content":null},{"chapter_id":4,"order":3,"slug":"non-custodial-wallet","title":"What are Non-Custodial Crypto Wallets?","status":"published","modified_content":null},{"chapter_id":4,"order":4,"slug":"what-is-metamask","title":"Metamask: The Leading Non-Custodial Wallet","status":"published","modified_content":null},{"chapter_id":4,"order":37,"slug":"how-safe-is-cryptocurrency","title":"The Key Crypto Wallet Safety Practices: How Safe Can Crypto Be?","status":"published","modified_content":null}]},{"id":5,"title":"NFTs","slug":"nfts","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-nfts.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/nfts-101.jpg","rating":100,"sections":[{"chapter_id":5,"order":2,"slug":"how-to-trade-nfts","title":"NFT Trading: 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Cryptocurrencies?","status":"published","modified_content":null},{"chapter_id":7,"order":2,"slug":"how-to-invest-in-crypto","title":"Investing in Crypto: What Investing Options Do You Have?","status":"published","modified_content":null},{"chapter_id":7,"order":3,"slug":"ico-vs-ido","title":"ICO vs IDO vs IEO: Which One is the One?","status":"published","modified_content":null},{"chapter_id":7,"order":4,"slug":"what-is-an-airdrop","title":"What are Crypto Airdrops and How to Get Them?","status":"published","modified_content":null},{"chapter_id":7,"order":5,"slug":"how-to-get-free-crypto","title":"How to Get Free Crypto Assets?","status":"published","modified_content":null},{"chapter_id":7,"order":6,"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","status":"published","modified_content":null},{"chapter_id":7,"order":7,"slug":"what-is-a-perpetual-contract","title":"Perpetual Contracts: Futures Contracts Without an Expiration 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Mining?","status":"published","modified_content":null},{"chapter_id":9,"order":3,"slug":"what-is-staking-crypto","title":"An Advanced Look into What is Staking Crypto","status":"published","modified_content":null},{"chapter_id":9,"order":4,"slug":"what-is-proof-of-stake-vs-proof-of-work","title":"Proof-of-Work VS Proof-of-Stake: The Differences That Matter","status":"published","modified_content":null},{"chapter_id":9,"order":5,"slug":"what-is-crypto-mining-rig","title":"Crypto Mining Rig: What It is and How to Build One?","status":"published","modified_content":null}]},{"id":10,"title":"Crypto Terms","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/crypto-101-glossary.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-glossary-101.jpg","rating":100,"sections":["A","B","C","D","E","F","G","H","I","J","K","L","M","N","O","P","Q","R","S","T","U","V","W","X","Y","Z"]}]" current-chapter="W" current-section="what-are-whiskers-wicks">