#CryptoCharts101
If you’re stepping into crypto trading, understanding charts is absolutely essential. Here’s a beginner-friendly guide to the most common crypto charts you’ll see:
🟢 1️⃣ Line Chart
A simple chart that connects closing prices over time with a line. Great for beginners but lacks detail.
🟠 2️⃣ Bar Chart
Each bar shows open, high, low, and close (OHLC) for a time period. Helps visualize market volatility.
🔵 3️⃣ Candlestick Chart
Most popular chart type among traders. Each candle displays open, close, high, and low.
🟩 Green (bullish candle) = Price went up
🟥 Red (bearish candle) = Price went down
📉 4️⃣ Depth Chart
Displays current buy and sell orders in the order book. Helps traders understand market liquidity and possible price movement areas.
📊 5️⃣ Volume Chart
Shows the amount of a coin traded over a time period. High volume often confirms trend strength.
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🚨 Pro Tip:
Always combine chart reading with technical indicators and risk management strategies for smarter trades.