#CryptoCharts101

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📊 Crypto Chart 101: How to Read & Use Crypto Charts

🧱 1. Chart Basics: What You’re Looking At

X-axis = Time (e.g., 1min, 1hr, 1D, 1W)

Y-axis = Price

Each candle/bar shows price movement over that time period.

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🕯️ 2. Candlestick Charts: Your Primary Tool

Each candlestick shows 4 key price points:

Open – Price when the candle started

Close – Price when it ended

High – Highest price reached

Low – Lowest price reached

Candle Type What it means

🟩 Green Candle Price went up during the period

🟥 Red Candle Price went down

Example:

1D Green Candle: Price opened at $20k and closed at $22k that day.

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🔍 3. Common Chart Patterns

Pattern Meaning Signal

📈 Ascending Triangle Bullish Breakout