#CryptoCharts101
📈 Crypto Chart Basics
1. Price Line or Candlestick
Line Chart: Shows the price over time (simple view).
Candlestick Chart: Each candle shows Open, High, Low, Close prices for a time period (like 1 hour, 1 day, etc.).
🟩 Green Candle = Price went up
🟥 Red Candle = Price went down
2. Timeframe
Selectable: 1m, 5m, 1h, 1d, 1w (minutes, hours, days, weeks).
Short timeframe = for traders; Long timeframe = for investors.
3. Volume Bar
Shows how much of the coin was traded.
High volume = strong move (up or down).
4. Support & Resistance
Support: Price level where buying happens (price likely bounces up).
Resistance: Price level where selling happens (price likely falls).
5. Indicators (Optional)
Moving Average (MA): Smooths price trend.
RSI: Shows if a coin is overbought (>70) or oversold (<30).
MACD: Shows trend strength and direction.