The Binance team provides a great deal of help when it comes to understanding the different aspects of the exchange. However, one question that still seems to pop up frequently is “What do the lines mean on Binance?”

The first thing to note is that the colored lines are not actual candlesticks. They are simply lines that indicate the opening and closing price of an asset during a certain time period.

The reason why they are useful is because they can give you a quick visual representation of an asset’s price action over a specific time frame.

The thicker line in the middle represents the asset’s closing price, while the thinner lines on either side represent the asset’s opening price. The length of the lines also give you an indication of how volatile the asset was during that time period.

The different colors represent different time frames, with green indicating a 1-hour timeframe, red indicating a 24-hour timeframe, and blue indicating a 7-day timeframe.

You can use these lines to quickly get an idea of where an asset’s price has been over a certain period of time and whether it is currently in an uptrend or downtrend.

The bottom line is that the lines on Binance can be extremely helpful in getting a quick overview of an asset’s price action. However, it is important to remember that they are not actual candlesticks and should not be used as such.