#CryptoCharts101 😘Reading charts in crypto, especially candlestick charts, allows traders and investors to analyze price movements and make more informed decisions. The basic elements of charts are the time axis (x) and the price axis (y), which show the change in the price of cryptocurrency over time. Candlesticks display the opening price, closing price, highest and lowest price for the selected period, which helps to determine the trend direction.

1. Basic elements of the chart:

Time axis (x):

Shows the change in price over a certain period.

Price axis (y):

Displays the price of cryptocurrency over time.

Candlesticks:

Each candlestick shows the opening price, closing price, highest and lowest price for the period. 💋