#CryptoCharts101 — Simple Guide to Reading Cryptographics
The world of cryptocurrencies 🪙 can be complex, especially when it comes to analyzing charts. But don't worry! Today you will learn the basics 📈 and start to understand what the 'candles', levels, and trends are 'saying'. Let's go! 🚀
📊 What are Cryptographics?
Cryptographics are a visual representation of cryptocurrency prices over a specific period. They help traders understand where the market is heading and make informed decisions 🤔💰.
🕯 Candlestick Charts
The most popular type of chart is the candlestick 🔥. It shows:
🟩 Green candle — price increased (bullish candle)
🟥 Red candle — price decreased (bearish candle)
Each candle contains:
Open
Close
High
Low