#CryptoCharts101
Candlestick Basics: Each candle represents a time period (e.g., 1 hour, 1 day). The body shows open/close prices, while wicks (shadows) show high/low. Green (bullish) means close > open; red (bearish) means close < open.
2. Timeframes: Shorter timeframes (1m, 5m) are noisier but great for day traders. Longer ones (1D, 1W) smooth out noise for swing or position traders. Always align your timeframe with your strategy
Candlestick Basics: Each candle represents a time period (e.g., 1 hour, 1 day). The body shows open/close prices, while wicks (shadows) show high/low. Green (bullish) means close > open; red (bearish) means close < open.
2. Timeframes: Shorter timeframes (1m, 5m) are noisier but great for day traders. Longer ones (1D, 1W) smooth out noise for swing or position traders. Always align your timeframe with your strategy