📊 1. Trends in Crypto Charts

➤ What is a Trend?

A trend is the general direction in which the price of a crypto asset is moving.

✅ Three Types of Trends:

1. Uptrend (Bullish) 🟢

• Price makes higher highs and higher lows

• Traders look to buy

• Example: BTC going from $25,000 → $30,000 → $35,000

2. Downtrend (Bearish) 🔴

• Price makes lower highs and lower lows

• Traders look to sell or short

• Example: ETH going from $2,500 → $2,200 → $1,900

3. Sideways (Consolidation) ⚪

• Price moves in a range, not clearly up or down

• Common before a breakout or breakdown

• Example: BTC stuck between $29,000 and $30,000

🕯️ 2. Candlesticks (Candles)

Candlesticks show price action in a specific time frame (like 1-minute, 15-minute, 1-hour, etc.)

🔍 Each candle has 4 main parts:

Component Meaning

Open Price when the candle started

Close Price when the candle ended

High Highest price during the time

Low Lowest price during the time

✅ Types of Candles:

🔵 Bullish Candle

• Close > Open → Price went up

• Usually green (or white)

• Buyers were in control

🔴 Bearish Candle

• Open > Close → Price went down

• Usually red (or black)

• Sellers were in contro#CryptoCharts101