#CryptoCharts101

#CryptoCharts101 Main types of trading charts

Before you start monitoring 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 give you 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 given period. It's like plotting a point at the end of the price each day and connecting the points.

Bar chart

Bar charts enhance this. Instead of a single line, each "bar" shows the opening price, the closing price, the highest price, and the lowest price for a given period.