#CryptoCharts101 #CryptoCharts101

Reading crypto charts is essential for trading decisions. Here’s a beginner-to-intermediate guide to understanding crypto charts effectively:

---

📊 1. Understand the Basics of a Price Chart

➤ Candlestick Chart (most common)

Each candlestick shows price movement over a time frame (e.g., 1h, 4h, 1d).

Open: Price at the beginning of the time period.

Close: Price at the end.

High: Highest price reached.

Low: Lowest price.

✅ If the candle is green: close > open (bullish)

❌ If the candle is red: close < open (bearish)

---

🧭 2. Time Frames

1-minute to 15-minute: Scalping/intraday.

1h to 4h: Swing trading.

1d to 1w: Long-term/position trading.

⚠️ Patterns behave differently depending on the time frame.