#CryptoCharts101
---
📊 Crypto Chart 101: How to Read & Use Crypto Charts
🧱 1. Chart Basics: What You’re Looking At
X-axis = Time (e.g., 1min, 1hr, 1D, 1W)
Y-axis = Price
Each candle/bar shows price movement over that time period.
---
🕯️ 2. Candlestick Charts: Your Primary Tool
Each candlestick shows 4 key price points:
Open – Price when the candle started
Close – Price when it ended
High – Highest price reached
Low – Lowest price reached
Candle Type What it means
🟩 Green Candle Price went up during the period
🟥 Red Candle Price went down
Example:
1D Green Candle: Price opened at $20k and closed at $22k that day.
---
🔍 3. Common Chart Patterns
Pattern Meaning Signal
📈 Ascending Triangle Bullish Breakout