We continue learning for newcomers to Binance

Reading charts and price patterns is a very useful skill, especially in the world of finance and market analysis. Here are some basic concepts to get you started:

Types of #charts: The most common are line charts, bar charts, and candlestick charts. Each one shows the information differently. For example, candlestick charts give you more details about the opening, closing, high, and low of a price over a given period.

#Axesofchart: The vertical axis (Y) generally shows the price, while the horizontal axis (X) shows time. This allows you to see how the price has changed over time.

#Trends: Observe whether the price is in an upward trend (rising), downward trend (falling), or sideways (no significant changes). Trends can help you predict future movements.