Fun fact: many western day traders flip the colors. On actual charts, regardless of emojis. So they intentionally turn up into red and down into green.
It has nothing to do with color culture, rather that green is a buy signal (buy the dip) and red is a sell signal (sell at euphoria). This is of course a simplification of trading, but short term traders make money no matter the price movement, or at least try to.
It has nothing to do with color culture, rather that green is a buy signal (buy the dip) and red is a sell signal (sell at euphoria). This is of course a simplification of trading, but short term traders make money no matter the price movement, or at least try to.