đ How to Read a Simple Crypto Chart
A crypto chart shows price movement over time.
Most charts use candlesticks.
Each candle shows 4 things:
âą Open â price at start
âą Close â price at end
âą High â highest price
âą Low â lowest price
If the candle closes higher than it opened â price went up.
If it closes lower â price went down.
Then look at trend:
đ Uptrend â higher highs and higher lows.
đ Downtrend â lower highs and lower lows.
⥠Sideways â price moving in a range.
Also check volume:
âą High volume = strong move
âą Low volume = weak move
đ§ Simple idea:
Charts tell a story of buyers vs sellers.
Donât predict fast.
First understand direction.