#CryptoCharts101 Crypto charts are visual representations of an asset's price movement over time, crucial for technical analysis. Most traders use candlestick charts, as each "candle" shows the opening, closing, highest, and lowest price within a specific timeframe (e.g., 1 hour, 1 day). Green (or white) candles typically signify a price increase, while red (or black) indicate a decrease.
Alongside price, volume bars reveal trading activity, confirming the strength behind price moves. Traders also employ indicators like Moving Averages (for trends), RSI (for overbought/oversold conditions), and MACD (for momentum) to gain further insights and spot potential entry/exit points. Understanding these elements helps decipher market sentiment and anticipate future price action.