#CryptoCharts101 Crypto charts visually represent an asset's price movements and trading activity over time. The most common type is the candlestick chart, where each "candle" shows the opening, highest, lowest, and closing prices for a specific period (e.g., 1 hour, 1 day). Green candles indicate the price closed higher than it opened (bullish), while red candles show the price closed lower (bearish). Wicks extending from the candle body indicate the high and low prices reached. Traders also use volume bars, technical indicators like RSI and MACD, and identified patterns (e.g., support and resistance levels, head and shoulders) to analyze trends and predict future price action.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.