#CryptoCharts101 #Binance #Square

Analysis of the three most common types #الاكثر 💜👇👇

#CryptoCharts101 Main types of trading charts

Before you start monitoring trends or using indicators, you need to know what type of chart you're looking at. Different chart types display price data in different ways - some are very simple, while others provide you with more details.

Let’s analyze the three most common types you’ll encounter:

Line Chart

If you are a beginner, line charts are the easiest to understand. They show a single line connecting the closing prices of the asset over a specified period. It’s like plotting a point at the end of each day’s price and connecting the dots.

Bar Chart

Bar charts improve on this. Instead of a single line, each “bar” shows the opening price, closing price, highest price, and lowest price for a specified time period.

Candlestick Chart