#CryptoCharts101 #CryptoCharts101 Ever wondered how traders know when to buy or sell crypto? It all starts with understanding charts! These visual tools are like the market's heartbeat, showing price movements over time.

The Basics You Need to Know:

* Candlestick Charts are King: Forget simple lines. Candlestick charts give you rich detail about price action. Each "candlestick" tells a story for a specific timeframe (e.g., 1 hour, 1 day):

* Body: The fat part shows the open and close price.

* Green/Bullish: The price closed higher than it opened. (Bottom of body = Open, Top = Close)

* Red/Bearish: The price closed lower than it opened. (Top of body = Open, Bottom = Close)