#CryptoCharts101

📊 #CryptoCharts101 | Reading Crypto Charts Made Simple! 🚀

Charts show you price movement over time to help you understand the market.

Types of charts:

* Line Charts: Simple, show the closing price.

* Bar Charts: Detailed, show the open, close, high, and low.

* Candlestick Charts: The most popular, green candles indicate up (close higher than open), red candles indicate down (close lower than open).

How to read them?

* Vertical axis (Y): Price.

* Horizontal axis (X): Time.

* Parts of a candle: Body (difference between open and close), wicks (high and low price).

Quick tips:

* Start with line charts, then move to candlesticks.

* Pay attention to the time frame (day, hour, minute).

* Don't rely on them alone, do your own research (DYOR).

Do you have questions about specific patterns or indicators?