#CryptoCharts101 Ever examined the chart of a cryptocurrency like Bitcoin or Ethereum and wondered why it sometimes displays lines and at other times candles? Or why charts of the same coin or token can appear different over the same period? You’ve probably also heard about the ubiquitous “trend”, but what does it really mean?

Understanding a chart is a critical skill for trading, whether it involves stocks, currencies, or cryptocurrencies.

Line and candlestick charts

A line chart is the simplest type of price chart where the closing prices of a particular market or asset are plotted over a period of time, resulting in a price curve. This type of chart is most effective when comparing several time series.