📊 Crypto Charts 101: Read the Market like a Pro 📈
What’s Happening?
Line Charts: Plot closing prices over time—simple and great for spotting trends.
Bar (OHLC) Charts: Each bar shows open, high, low, and close—useful for understanding price ranges.
Candlestick Charts: Visual and intuitive—body shows open/close, wicks reveal highs and lows. 📉
Heikin-Ashi: Smooths the noise and highlights trends with averaged price bars.
Why It Matters:
Different chart types give you layers of insight. For example, candlesticks help identify reversals (like doji or marubozu candles), while patterns (triangles, flags, head-and-shoulders) can signal the next price move.
Your Move:
👉 Start with Candlesticks: Add RSI or MACD to confirm trends.
👉 Spot Patterns: Look for clean formations like triangles or double tops.
👉 Watch Volume: Breakouts on higher volume are more reliable.
👇 Which chart type or pattern has helped you the most so far?