#CryptoCharts101 simplifies understanding cryptocurrency price movements. Charts visually represent an asset's historical data over time, crucial for technical analysis. The most common type is the **Candlestick Chart**, where each "candle" shows the open, high, low, and closing price for a specific period (e.g., 1 hour, 1 day). Green candles indicate price increases, red for decreases.
Below the price chart, **Volume bars** show trading activity, indicating the strength of price moves. Traders also use **trendlines** to identify overall direction and **Support & Resistance** levels where prices tend to pause or reverse. Mastering these basics helps you read market sentiment and make more informed trading decisions.