#CryptoCharts101

Crypto Chart is a dedicated chart for tracking and analyzing the price movements of cryptocurrencies (crypto) such as Bitcoin, Ethereum, and others. It is considered an essential tool for traders and investors in the cryptocurrency market, as it helps them make investment decisions based on the analysis of historical and current data.

## Distinct Features of Crypto Chart

### 1. 24/7 Trading

* Unlike traditional markets, crypto charts display continuous trading movements around the clock.

* There are no weekly holidays or official market closures.

### 2. High Price Volatility

* Crypto charts show greater price volatility compared to traditional assets.

* Changes of 10-20% can occur in a single day.

### 3. Impact of Global Markets

* Reflects the impact of global events and regulatory news directly and quickly.

* Shows immediate reactions to technological developments and innovations in the sector.

### 4. Trading Volume and Liquidity

* Displays trading volume data that varies significantly between different currencies.

* Helps analyze liquidity and the strength of price trends.

## Most Common Types of Crypto Charts

### 1. Japanese Candlestick Chart for Crypto

* The most common in analyzing cryptocurrencies.

* Provides information on opening price, closing price, highest and lowest price.

* Helps identify reversal and continuation patterns specific to the crypto market.