#CryptoCharts101 Understanding cryptocurrency price charts is essential for making informed trading decisions. Whether you're a beginner or looking to refine your skills, this guide covers the basics of reading crypto charts, key patterns, and essential indicators.

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## **1. Types of Crypto Charts**

### **A. Line Charts**

- The simplest type of chart, showing only the closing price over time.

- Useful for identifying long-term trends but lacks detail.

### **B. Candlestick Charts (Most Popular)**

- Displays **open, high, low, and close (OHLC)** prices for a given time period.

- **Green (or white) candles** = Price went up.

- **Red (or black) candles** = Price went down.

- Provides more information than line charts, including market sentiment.