#CryptoCharts101
Crypto charts might look overwhelming at first—but they’re just visual stories of price action. Here's a quick breakdown to help you get started:
🔹 1. Candlestick Basics
Each candle shows the price movement within a specific time frame.
🟩 Green = price went up
🟥 Red = price went down
Wicks = highs and lows during that period
🔹 2. Time Frames Matter
1m / 5m / 15m: short-term traders
1h / 4h: intraday strategies
1D / 1W: long-term trend spotting
📌 Tip: Always zoom out before making decisions.
🔹 3. Key Chart Types
Line Chart: simple, clean, shows closing prices
Candlestick Chart: more detail, used by most traders
Volume Bars: show how active a price level was
🔹 4. Common Indicators (Optional)
MA (Moving Average): shows trend direction
RSI (Relative Strength Index): tells you if something’s overbought/oversold