CHARTTHREAD

Trading range

A candle's trading range is the distance from its high to its low: everything that traded during the period, body and wicks together.

Range = high − low. On 2 October 2026 Bitcoin’s daily candle had a high of 87,250 and a low of 83,842, a range of 3,408 dollars. Its upper wick was 2,420 of that, about 71%, which is why the candle reads as a strong rejection. The word is also used for a sideways period when price moves between a high and a low for days or weeks.

Learn more: what is a candle? and what does a long wick mean?.