#CardanoDebate #CardanoDebate Main Types of Trading Charts
Before you start tracking trends or using indicators, you need to know what type of chart you are looking at. Different types of charts display price data in different ways - some are very simple, while others provide more details.
Let's analyze the three most common types you will encounter:
Line Chart
If you are a beginner, line charts are the easiest to understand. They show a single line connecting the closing prices of the asset over a specific period. It's like plotting a point at the end of each day's price and connecting the points.
Bar Chart
Bar charts improve upon this. Instead of a single line, each "bar" shows the opening price, closing price, highest price, and lowest price for a specific time period.
Candlestick Chart