#CryptoCharts101 #CryptoCharts101 Crypto Charts 101: A Quick Guide for Beginners
If you’re entering the world of crypto trading, understanding charts is one of the most important skills you can develop. Price charts tell the story of the market — where it’s been, where it might go, and how traders are reacting in real time.
Here are the basics to get you started:
1. Chart Types
-Line Chart: Simple and easy to read. It shows the closing price over time but lacks detail.
-Bar Chart: Displays open, high, low, and close (OHLC) prices for each time period.
-Candlestick Chart: The most popular among crypto traders. It shows the same OHLC information as a bar chart but in a more visual, intuitive format. Each "candle" tells a story about price action during the selected time period.