#CryptoCharts101 Silent Reading in Market Movement

In the world of financial markets, stories are not told with words, but with candles. Silent candles stand on the lines of charts, narrating the tales of the struggle between buyers and sellers, whispering to the insightful analyst about what is to come, if one can listen well.

The Beginning: Basics of Charts

Charts are the visual language of the markets, and the most famous of all are: line charts, bar charts, and then the most used and influential: candlestick charts.

Each candle represents a time period, revealing four secrets: opening price, closing price, highest point, and lowest point. The magic lies in its shape, as its color (green/rising, or red/falling) tells you about the state of the market, while its upper and lower wicks unveil the conflicts.