What are charts?
Charts are analytical tools used to visualize the price movements of cryptocurrencies over time. They help traders identify patterns and trends in the market.
Types of charts
First: *Line chart*: Displays the closing price of the cryptocurrency over a period of time.
Second: *Bar chart*: Displays opening, closing, high, and low prices.
Third: *Candlestick chart*: Shows the same information as the bar chart but more clearly.
Conclusion
Understanding charts is essential for traders. They can help you identify trends and patterns, increasing your chances of success in trading.
