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Essential charts to look at before trading
📊 Essential Crypto Market Charts
1. Price Chart (Candlestick Chart)
Purpose: Shows the price movement of a cryptocurrency over time.
Features:
Timeframes: 1min, 15min, 1hr, 1day, 1week.
Shows opening prices, highs, lows, and close.
Why it matters: Fundamental for technical analysis and understanding trends.
2. Market Capitalization Chart
Purpose: Shows the total value of a crypto asset (Price × Circulating Supply).
Why it matters: Helps assess the size, stability, and investor interest in the asset.
3. Volume Chart
Purpose: Tracks how much of the cryptocurrency was traded during a certain period.
Why it matters: Spikes in volume generally indicate strong interest or possible reversals.
4. Dominance Chart (e.g., BTC Dominance)
Purpose: Shows Bitcoin (or another asset) dominance in relation to the total crypto market.
Why it matters: High BTC dominance often signals conservatism in the market; low dominance may indicate altcoin rallies.
5. Fear and Greed Index
Purpose: Sentiment indicator that combines volatility, volume, social media trends, and more.
Why it matters: Helps understand if the market is too optimistic (greedy) or pessimistic (fearful).
6. Total Market Capitalization Chart (TOTAL)
Purpose: Shows the combined market capitalization of all cryptocurrencies.
Why it matters: Indicates the overall health and trends of the market.
7. On-Chain Metrics Charts (e.g., NVT Ratio, Active Addresses)
Purpose: Analyze network health and blockchain usage.
Why it matters: Useful for long-term investment decisions.
8. Order Book Depth Chart
Purpose: Visualizes buy and sell orders on an exchange.
Why it matters: Helps detect support/resistance levels and market liquidity.
9. Coin Movement Heatmap
