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Types of Crypto Charts Explained

Candlestick Charts

Candlestick charts are the most popular type used in cryptocurrency trading �. Each candlestick displays four critical prices: opening price, closing price, daily high, and daily low �. The thick body shows the range between opening and closing prices, while thin lines (wicks) above and below represent the highest and lowest prices reached �. Green or white candles indicate the price closed higher than it opened (bullish), while red or black candles show the price closed lower (bearish)

Line Charts

Line charts are the simplest format, connecting closing prices over time with a single line ��. They're best for identifying long-term trends and general price movements but lack detailed information about intraday fluctuations �.

Bar Charts (OHLC)

Bar charts display more detailed price information than line charts, showing Open-High-Low-Close data for each time period �. The vertical line represents the price range, with the left tick marking the opening price and the right tick showing the closing price �.
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