#CryptoCharts101
#CryptoCharts101 Crypto charts are visual tools used by traders to analyze price movements of cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and others. They help in identifying patterns, trends, and potential buy/sell signals.
🔍 Common Types of Crypto Charts:
1. Line Chart – Simple chart that shows closing prices over time.
2. Candlestick Chart – Most popular; shows open, high, low, close prices for each time period (e.g., 15m, 1h, 1d).
3. Bar Chart – Similar to candlesticks, but with a different visual style.
🕯️ Candlestick Example:
Each candle shows:
Green (Bullish) = Price went up during that time.
Red (Bearish) = Price went down.
Candle parts:
Body: Open-to-close range
Wicks (Shadows): Highest & lowest points reached
(if image fails, let me know and I can show with text)
🧠 Popular Indicators You Can Add to Crypto Charts:
1. RSI (Relative Strength Index) – Shows overbought/oversold levels
2. MACD – Measures trend strength and direction
3. Bollinger Bands – Shows volatility and potential breakout zones
4. Supertrend – Gives clear buy/sell signals based on trend
5. Volume – Tracks how much of a coin is being traded
📱 Where to View Crypto Charts:
TradingView – Most popular for detailed chart analysis
Binance App/Website – Built-in charts with basic indicators
CoinMarketCap / CoinGecko – Simple line charts
📌 Example Use:
Let’s say you’re trading Wormhole (W) on Binance:
Use a 15-minute chart + Supertrend to get intraday signals.
Add RSI to check if the coin is overbought before entering.
📈 Show a live chart for a specific coin?
🧰 Guide you step-by-step to use TradingView?
📘 Teach candlestick patterns (like Doji, Hammer, etc.)?
Let me know how deep you want to go!
