#CryptoCharts101 While there are a few variations, the most commonly used crypto charts are:

Line Charts: The simplest form, connecting only the closing prices over a chosen timeframe. Great for quickly grasping general trends.

Bar Charts (OHLC Charts): Provide more detail than line charts. Each bar shows the opening, high, low, and closing price for a specific period.

Candlestick Charts: The undisputed champion for crypto traders. Developed by Japanese traders, each "candlestick" offers a rich visual representation of price action within a given timeframe (e.g., 1-hour, 1-day, 1-week).

The Body: Represents the range between the opening and closing prices.

The Wicks (or Shadows): Extend above and below the body, showing the highest and lowest prices reached during that period.

Color Coding: Typically, a green (or white) candle indicates that the closing price was higher than the opening price (bullish), while a red (or black) candle signifies that the closing price was lower than the opening price (bearish).