#CryptoCharts101

A cryptocurrency chart is a visual representation that shows the historical price evolution of a cryptocurrency, or a set of cryptocurrencies, over time. It allows for the analysis of price patterns, identification of trends, and making more informed investment decisions.

Preparation:

What information do they show?

Cryptocurrency charts typically display the price of the cryptocurrency on the vertical axis and time (hours, days, weeks, etc.) on the horizontal axis.

Types of charts:

There are several types of cryptocurrency charts, with the most common being candlestick charts, bar charts, and line charts.

How are they used?

Cryptocurrency charts are an essential tool for technical analysis, allowing for the identification of price patterns, such as bullish or bearish trends, and making more informed investment decisions.