#CryptoCharts101
In the world of financial markets, stories are not told in words, but in candles. Silent candles stand on the lines of charts, telling tales of the struggle between buyers and sellers, whispering to the insightful analyst about what is to come, if they listen well.
The beginning of the journey: Basics of Charts
Charts are the visual language of the markets, and the most famous of all: the line chart, the bar chart, and then the most widely used and impactful: the Japanese candlestick chart.
Each candlestick represents a time period, revealing four secrets: the opening price, the closing price, the highest point, and the lowest point. The magic lies in its shape, as its color (green/upward, or red/downward) tells you about the state of the market, and its upper and lower shadows reveal hidden struggles that numbers alone cannot show.
Candlestick Patterns: The Hidden Language of the Market