Category: 3. What are crypto price charts?

The chart above is the for the same period as the simple line chart shown earlier in the article, except that it is annotated with Candlesticks for each 15 minute period. A green candle tells at a quick glance that the price increased during the period in question; a red candle that price fell. For… Continue reading Price Direction

In your quest to understand where price is going it’s up to you to decide the time frame within which you want to operate, remembering the distinction between Trading – short term decision – and Investing – long term positions.  Charts enable you to zoom out and look at the broadest possible time scale, or… Continue reading Time & Candles

Given the exponential increases in bitcoin’s price over a ten year period (600x) only the most dramatic changes are visible. 2017 Bull Market – $20k ATH  2018/2019 Bear Market falling below $3k Covid Crash March 2020 falling below $5k 2020/21 Bull Market – $61k ATH However, if you switch to a log scale, where the… Continue reading Visible Trends Linear vs Log Scale

At the most basic level, a bitcoin price chart is a line graph on two axes illustrating price history for bitcoin trades conducted between a specific pair of currencies. Bitcoin’s price is always relative to another specific currency, known simply as a Trading Pair.  Trading pairs are offered against base currencies – currencies which are the… Continue reading Bitcoin Price Chart Basics

What you’ll learn The basic functions of a crypto price chart How to read candlesticks What candlesticks say about the market Our previous article talked about how bitcoin’s price is generated, the role of exchanges in bringing together buyers and sellers to trade, and the kind of basic information they provide about trades. Price is… Continue reading What are crypto price charts?