#CryptoCharts101

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๐Ÿ“Š Crypto Charts

Crypto charts display the price and trading activity of cryptocurrencies over time. They help traders and investors analyze trends, patterns, and potential entry or exit points. Common chart types include:

1. Line Chart

Shows the closing price of a coin over time.

Good for long-term price trends.

2. Candlestick Chart

Displays open, high, low, and close prices for a specific time period.

Used for short-term trading and technical analysis.

Patterns like Doji, Hammer, or Engulfing indicate potential trend reversals.

3. Volume Chart

Indicates the number of coins traded during a given period.

High volume can confirm the strength of a trend.

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๐Ÿ’ฐ Cryptocurrency

Cryptocurrencies are digital assets that use blockchain technology and cryptography for secure transactions. Examples:

Name Symbol Key Feature

Bitcoin BTC First and largest by market cap

Ethereum ETH Smart contracts & dApps

Binance Coin BNB Used on