1️⃣ What are charts?

They are a visual representation of the price movement of a cryptocurrency over a specific period of time.

Simply put, they show you whether the price has gone up or down.

2️⃣ Common types of charts:

Line Chart: Connects the closing price at one point, simple and clear.

Candlestick Chart: The most commonly used, showing the opening price, closing price, highest, and lowest for each period.

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3️⃣ How to read a candle?

The large body (the middle) shows the difference between the opening and closing prices.

If the candle is green (or white), the price has risen during the period.

If it is red (or black), the price has fallen.

The upper and lower lines (the wick) represent the highest and lowest prices.

4️⃣ Important indicators:

Volume: Shows the strength or weakness of price movement.

Moving Average: Gives the general direction of the price over a specified period.$NEIRO

Why is it important to know these basics?

So that you can make smarter buying or selling decisions and understand market movements better.

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#Learn_Charts #Technical_Analysis #Crypto_للمبتدئين