Charts & Price Data
Understanding price charts and market data is essential for successful trading. This guide explains how to read Quenta's charts and interpret market statistics.
Price Charts
Chart Interface
The price chart is located in the center of the Quenta interface, below the market statistics panel. It displays candlestick price data with interactive features.
Candlestick Charts
Quenta uses candlestick charts to display price action. Each candle represents price movement over a specific time period.
Candle Components:
Body: Opening and closing price range
Green/White: Price closed higher (bullish)
Red/Black: Price closed lower (bearish)
Wicks/Shadows: Highest and lowest prices during the period
Top wick: Highest price reached
Bottom wick: Lowest price reached
Reading a Candle:
High ──┐
│ (Top Wick)
Close ─┤
│
│ (Body)
Open ──┤
│ (Bottom Wick)
Low ───┘Time Intervals
You can view charts at different time intervals:
1m - 1 minute candles (very short-term)
5m - 5 minute candles (short-term)
15m - 15 minute candles (medium-term)
1h - 1 hour candles (medium-term)
4h - 4 hour candles (long-term)
1d - 1 day candles (very long-term)
Choosing the Right Interval:
Scalping: 1m, 5m
Day Trading: 15m, 1h
Swing Trading: 4h, 1d
Position Trading: 1d
Chart Features
Interactive Elements:
Hover: See exact price and time for any candle
Zoom: Scroll to zoom in/out (if supported)
Pan: Drag to move through time
Crosshair: Follows your cursor for precise readings
Display Information:
Price Scale: Right side shows price levels
Time Scale: Bottom shows time periods
Current Price: Often highlighted or marked
Price Data Sources
Quenta uses multiple data sources to ensure accurate and reliable price information:
For BTC and ETH
Primary Source: Binance
Global price reference
High liquidity and reliability
Standard for major cryptocurrencies
Updates frequently
Why Binance?
Most liquid markets for BTC/ETH
Global price discovery
Reliable data feed
Industry standard
For PulseChain Tokens
Primary Source: GeckoTerminal
Aggregates data from PulseChain DEXs
Includes PulseX pool data
Historical OHLCV data
Multiple timeframes available
Data Flow:
Supported Tokens:
PLSX, HEX, INC, DAI, ATROPA, and other PulseChain tokens
Mark Price (All Assets)
Source: PulseX Pool Reserves
Real-time reserve ratios
Direct from on-chain pools
Used for position valuation
Updates with every block
Calculation:
Understanding Chart Data
Price Action Patterns
Uptrend:
Series of higher highs and higher lows
Green candles dominate
Good for long positions
Downtrend:
Series of lower highs and lower lows
Red candles dominate
Good for short positions
Consolidation:
Price moving sideways
Mixed candle colors
Waiting for breakout
Volume (When Available)
Some charts may show volume:
High Volume: Strong conviction in move
Low Volume: Weak move, may reverse
Volume Confirmation: Validates price moves
Chart Limitations
What Charts Don't Show:
Future prices (obviously)
Guaranteed support/resistance
Exact entry/exit points
Market sentiment directly
Use Charts For:
Historical price patterns
Trend identification
Support/resistance levels
Entry/exit timing
Market Statistics
Top Stats Panel
The market statistics panel appears at the top of the page (desktop) or is integrated into the market selector (mobile). It displays key market information.
Current Price
What it Shows:
Real-time market price in USDC
Updates automatically
Based on best available source
Price Sources (Priority Order):
Last candle close (from GeckoTerminal or Binance)
PulseX TWAP feed (if candles unavailable)
PulseX pool mark price (fallback)
Display Format:
Usually 6 decimal places
Updates every few seconds
Color may indicate change direction
24-Hour Change
What it Shows:
Percentage change over last 24 hours
Calculated from price 24h ago vs now
Calculation:
Interpretation:
Green/Positive: Price increased
Red/Negative: Price decreased
Large %: High volatility
Example:
Price 24h ago: $30,000
Current price: $31,500
24h Change: +5.00%
Funding Rates
The stats panel shows funding rates for both long and short positions.
Long Funding Rate
What it Shows:
Hourly funding rate for long positions
Positive = longs pay shorts
Negative = longs receive from shorts
Display:
Percentage per hour
Updates based on mark price vs TWAP
Short Funding Rate
What it Shows:
Hourly funding rate for short positions
Positive = shorts pay longs
Negative = shorts receive from longs
Display:
Percentage per hour
Usually opposite of long rate
Example Display:
This means longs pay 0.05% per hour, shorts receive 0.05% per hour.
Maximum Leverage
What it Shows:
Highest leverage available for this market
Usually up to 10x
Based on initial margin ratio
Calculation:
Example:
Initial Margin Ratio: 10% (0.1)
Max Leverage: 1 / 0.1 = 10x
Trading Fees
The stats panel breaks down trading fees:
Toll Ratio
What it Shows:
Protocol fee percentage
Charged on notional value
Typically 0.01% - 0.1%
Example:
Toll Ratio: 0.05%
On $10,000 position: $5.00 fee
Spread Ratio
What it Shows:
Insurance fund fee percentage
Charged on notional value
Typically 0.01% - 0.1%
Example:
Spread Ratio: 0.05%
On $10,000 position: $5.00 fee
Total Fees
What it Shows:
Combined toll + spread
Total fee percentage
What you'll pay on trades
Example:
Toll: 0.05%
Spread: 0.05%
Total: 0.10%
On $10,000 position: $10.00 total fees
Reading Market Conditions
Bullish Signals
Price Action:
Higher highs and higher lows
Green candles dominating
Breaking above resistance
Funding Rates:
Longs paying shorts (positive premium)
Indicates bullish sentiment
But costs money for longs
24h Change:
Positive percentage
Strong upward momentum
Bearish Signals
Price Action:
Lower highs and lower lows
Red candles dominating
Breaking below support
Funding Rates:
Shorts paying longs (negative premium)
Indicates bearish sentiment
But costs money for shorts
24h Change:
Negative percentage
Strong downward momentum
Neutral/Consolidation
Price Action:
Moving sideways
Mixed candle colors
No clear direction
Funding Rates:
Near zero
Balanced long/short ratio
Data Refresh Rates
Update Frequencies
Price Updates:
Chart candles: Every 30-60 seconds (depending on interval)
Current price: Every few seconds
Mark price: Every block (~2-3 seconds on PulseChain)
Statistics Updates:
Funding rates: Every few minutes
24h change: Every hour (new candle)
Fees: Static (changes only when protocol updates)
Position Updates:
PnL: Every ~15 seconds
Margin ratio: Every ~15 seconds
Position data: Every ~15 seconds
Handling Data Delays
If Data Doesn't Update:
Refresh the page
Check your internet connection
Check PulseChain RPC status
Wait a moment (may be temporary delay)
If Charts Don't Load:
Check GeckoTerminal/Binance API status
Try a different time interval
Refresh the page
Clear browser cache if persistent
Chart Analysis Tips
Support and Resistance
Support:
Price level where buying pressure emerges
Often previous lows
Good entry for longs
Resistance:
Price level where selling pressure emerges
Often previous highs
Good entry for shorts
Trend Lines
Drawing Trend Lines:
Connect higher lows (uptrend)
Connect lower highs (downtrend)
More touches = stronger level
Moving Averages (Conceptual)
While Quenta may not show moving averages, you can mentally track:
Short-term average: Recent price action
Long-term average: Overall trend direction
Volume Analysis
When volume data is available:
High volume + price up: Strong bullish move
High volume + price down: Strong bearish move
Low volume: Weak move, may reverse
Best Practices
Use Multiple Timeframes - Confirm trends across intervals
Check Funding Rates - Factor into trading decisions
Monitor 24h Change - Gauge market momentum
Understand Data Sources - Know where prices come from
Combine Chart + Stats - Use both for better decisions
Watch for Updates - Data refreshes automatically
Be Patient - Wait for clear signals
Practice Reading - Charts improve with experience
Next: Dive into advanced topics and platform architecture in the Advanced Topics Guide.
Last updated