Broomie
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Crypto Charts Made Simple: Just Three Things to Watch
So, you’ve opened a chart and thought, “Cool… numbers.”
But what do they mean? And more importantly—how do traders seem to know what’s about to happen?
Well, they’re not psychic (most of them). They’re just reading three key things:
1. Price – The Star of the Show
Price is the most obvious part—it’s what you're trading, after all.
On a candlestick chart:
Green candles = price went up during that timeRed candles = price went downThe “body” shows where it opened and closedThe “wicks” show the highest and lowest prices in that time
Why it matters:
Price shows you where the market is going—but not how reliable or dramatic that move is.
That’s where the next two come in.
2. Volume – The Crowd Behind the Move
Volume is how many coins are being traded in that timeframe.
Think of it like noise at a football match: the louder the crowd, the more serious the game.
High volume = lots of people buying or selling (a move with “weight” behind it)Low volume = not many participants (might be noise, or fakeouts)
Quick tips:
If price goes up and volume is rising, it’s likely a strong move.If price moves but volume is flat or falling? Be suspicious—it could fizzle out.
3. Volatility – How Wild Is This Ride?
Volatility means how fast and far price is moving.
It doesn’t care whether price goes up or down—it’s all about intensity.
High volatility = big, fast moves (great for quick trades, risky for peace of mind)Low volatility = slow, tight movement (often before a big breakout)
How to spot it:
Watch for long candle wicks—especially if they’re stabbing up and down like price can’t make up its mind. These often signal high volatility or indecision in the market.Periods of very tight price movement can also mean the market’s gearing up for something bigger.
Still think charts are scary? Don’t worry—you're already three steps ahead of most traders. If this helped you see through the chaos, give it a like, drop a comment, share or follow for more no-fluff crypto guides.
Come make sense of the market with me—one fun and easy thing at a time.
#BroomieTeaches
But what do they mean? And more importantly—how do traders seem to know what’s about to happen?
Well, they’re not psychic (most of them). They’re just reading three key things:
1. Price – The Star of the Show
Price is the most obvious part—it’s what you're trading, after all.
On a candlestick chart:
Green candles = price went up during that timeRed candles = price went downThe “body” shows where it opened and closedThe “wicks” show the highest and lowest prices in that time
Why it matters:
Price shows you where the market is going—but not how reliable or dramatic that move is.
That’s where the next two come in.
2. Volume – The Crowd Behind the Move
Volume is how many coins are being traded in that timeframe.
Think of it like noise at a football match: the louder the crowd, the more serious the game.
High volume = lots of people buying or selling (a move with “weight” behind it)Low volume = not many participants (might be noise, or fakeouts)
Quick tips:
If price goes up and volume is rising, it’s likely a strong move.If price moves but volume is flat or falling? Be suspicious—it could fizzle out.
3. Volatility – How Wild Is This Ride?
Volatility means how fast and far price is moving.
It doesn’t care whether price goes up or down—it’s all about intensity.
High volatility = big, fast moves (great for quick trades, risky for peace of mind)Low volatility = slow, tight movement (often before a big breakout)
How to spot it:
Watch for long candle wicks—especially if they’re stabbing up and down like price can’t make up its mind. These often signal high volatility or indecision in the market.Periods of very tight price movement can also mean the market’s gearing up for something bigger.
Still think charts are scary? Don’t worry—you're already three steps ahead of most traders. If this helped you see through the chaos, give it a like, drop a comment, share or follow for more no-fluff crypto guides.
Come make sense of the market with me—one fun and easy thing at a time.
#BroomieTeaches
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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