#CryptoCharts101 implies understanding the basic concepts of interpreting the movements and trends of cryptocurrency prices. Here is an example of key concepts:
Japanese Candlestick Charts: These are the most popular and widely used charts in cryptocurrency trading. Each candle represents a specific time period and shows the opening, closing, high, and low prices. The body of the candle is colored (usually green for bullish periods and red for bearish periods), making it easy to see if the price closed higher or lower than it opened.