š Want to improve your decisions in crypto? Learn to interpret the charts!
Charts are the foundation of technical analysis, helping you identify trends, entry points, and reversal signals in the market.
See what every beginner needs to master:
š Main types of charts:
Line Chart: shows the closing price. Simple, but limited.
Bar Chart (OHLC): displays open, high, low, and close.
Candlestick: the most used! Provides complete visual information for each period with body and wicks.
š„ Each candle shows:
Body: open x close
Wicks: high and low of the period
Color: green (up) or red (down)
š Trading volume: bars below the chart show the āweightā of each movement. High volume = more reliable movement.
š Tip: Use daily charts for a broad view, and 1h or 15min charts for more precise entries.
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