#CryptoCharts101 ready to understand crypto charts? Think of them as a language that expresses market sentiment. The most common type is the "candlestick chart". Each candlestick shows the price movement for a specific time period (e.g., 1 hour, 1 day). A green candlestick means that the price closed above the opening price (uptrend), while a red one means it closed below (downtrend). The "body" of the candlestick shows the opening and closing prices, while the "wick" or "shadow" extends to the maximum and minimum prices reached during this period. Volume bars, usually at the bottom, indicate trading activity. High volume with strong price movement confirms the trend. It is also important to learn how to determine support and resistance levels, where prices tend to stop or reverse direction. Practice makes perfect!