#CryptoCharts101

📊 1. Chart Types on Binance

Line Chart: Simplest form—plots closing prices only. Great for a clean view of support/resistance but misses detailed OHLC data .

Bar Chart (OHLC): Shows open, high, low, and close via a vertical bar, more informative than lines .

Candlestick Chart: Most popular on Binance—each candle displays the full price range (Open, High, Low, Close). Green = bullish, red = bearish .

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🕯️ 2. Reading Candlesticks

Each candle encapsulates:

Body: Between Open & Close

Wicks: Lines showing High & Low

Color: Green = price rose; Red = price fell .

Common patterns:

Hammer / Shooting Star: Indicate potential reversals

Doji: Sign of indecision

Engulfing patterns: Bullish or bearish reversals