A wick is exchange slang describing a sharp and very rapid drop in an asset's price over a short period of time, usually within one or two candles on a minute timeframe.
An order book is a table of all active limit orders to buy and sell an asset, sorted by price. It shows supply and demand and helps assess the market's liquidity.
A wall is a very large limit order to buy or sell that is capable of slowing down price movement. A distinction is made between a buy wall and a sell wall.
FUD is the spreading of fear, uncertainty, and doubt with the aim of influencing market sentiment. In the crypto space, the term describes a negative information backdrop that can distort the perception of a project.
A stop order is a pending order to buy or sell an asset that is triggered when the price reaches a specified level. The tool helps automate trades and limit risks.
A buy stop order is an order that is executed when the price rises to a specified level or higher. Traders use it expecting the upward movement to continue.
A sell stop order is an order that is executed when the price falls to a specified level or lower. Traders use it expecting the downward movement to continue.
A ticker is a short alphabetic code that uniquely denotes a cryptocurrency or trading instrument on an exchange. It replaces the full name and simplifies searching, quotes and trade execution.
A candle is an element of an exchange chart that compactly reflects price movement over a chosen period: the opening and closing prices, as well as the high and the low.