#CryptoCharts101 Sure! Here's a beginner-friendly overview of crypto charts—often referred to as "Crypto Charts 101"—to help you understand how to read and use them for trading or investing in cryptocurrency.
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🧠 What Are Crypto Charts?
Crypto charts display the price movements of cryptocurrencies (like Bitcoin, Ethereum, etc.) over time. They're visual tools that help traders and investors analyze trends, spot patterns, and make decisions.
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🗂️ Types of Crypto Charts
1. Line Chart
Simplest form
Shows price over time using a single line
Good for quick, general trends
📈 Example: BTC price from Jan–Jun
2. Candlestick Chart (most popular)
Shows open, high, low, close (OHLC) prices per time period
Each "candlestick" represents one time unit (1 minute, 1 day, etc.)
Helps identify patterns and momentum
3. Bar Chart
Similar to candlesticks but less visual
Also shows OHLC data
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🕯️ Candlestick Breakdown
Each candlestick shows:
Open price: Where the price started at the beginning of the period
Close price: Where the price ended
High price: Highest value in that period
Low price: Lowest value
🟢 Green/White candle = price went up
🔴 Red/Black candle = price went down
