#CryptoCharts101 #CryptoCharts101
📌 **Key Takeaways:**
✅ **Chart Types Matter:** Line charts give a quick price snapshot, while candlestick charts reveal detailed price action (highs, lows, opens, and closes).
✅ **No Magic Indicators:** Even the best chart patterns aren’t foolproof—always combine technical analysis with risk management and market news.
✅ **Candlesticks Tell a Story:** Each candle shows market sentiment—green (bullish) means price closed higher, red (bearish) means it closed lower.
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## **📊 Understanding Crypto Charts: Line vs. Candlestick**
### **1. Line Charts – The Simple Snapshot**
A **line chart** connects closing prices over time, making it easy to track long-term trends.
✅ **Best for:** Quick overviews (e.g., checking Bitcoin’s monthly performance).
❌ **Limitation:** Lacks details like intraday price swings.