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Understanding the Trade Chart

The trade chart on Mew.gg uses an OHLC (Open-High-Low-Close) graph to visually represent the price movements of meme tokens over time. It provides a clear and structured way to analyze the token’s performance in intervals.

"Create Token" Page

Axes explanation​

  • X-Axis: Displays time, divided into 15-minute intervals.
  • Y-Axis: Represents the price of the meme token in ETH.

Understanding OHLC components​

For every 15-minute interval, the chart shows the following details:

  • O (Open): The price at the beginning of the interval.
  • C (Close): The price at the end of the interval.
  • H (High): The highest price reached during the interval.
  • L (Low): The lowest price reached during the interval.

Interpreting the colors on the chart​

  • Pink Bars: Indicate that the price increased during the interval (Close > Open).
  • Red Bars: Indicate that the price decreased during the interval (Close < Open).

Price movement insights​

  • Token Buy: An increase in buying activity pushes the graph upwards.
  • Token Sale: An increase in selling activity causes the graph to decline.
Table that shows each buy and sell for a meme token on mew.gg

This trade chart helps users track token trends and make informed decisions about buying or selling meme tokens on mew.gg.