Learn how to read crypto market charts - page 2.

Learn how to read Charts

Okay, let get on with it already

What the heck is a chart ??

A chart is a graphic representation of data that transforms the data into visual components.For example, a pie chart uses slices of a circle and color coding to distinguish between categories of data.
got directly from https://study.com/academy/lesson/chart-definition-types-examples.html

Okay let's cut the crap, we will not be talking about school related charts [well they all give a representation of data and I know we are familiar with that].

Alright, let's concentrate on our digital currency world yeah! you heard me Wink

in the digital currency world, the word chart originate from the
Rise and Fall of Digital market or asset (stock,currency, crypto) you probably should DYOR on that

We are mainly concerned about the crypto market .
In Crypto market,learning to read the Rise and Fall of market is very essential

We have two major types of chart used in crypto market
Line chart
Candle chart (very popular) among others....
There are others but I will stick with these two

_{an example Line chart}

_{an example Candle chart}

Fall => Sell => means the market is currently influenced by a larger number of sellers than the buyers

Rise=> Buy => on the other hand means the market is currently influenced by a larger number of buyers than the sellers

Okay I know you're probably thinking as a beginner "Yes! This is way easy than I expected "

Yeah it's easy but that's just a foundational 0.5% lol ,you need to learn more to understand so you should DYOR on #How to read a crypto market chart

Okay I'm going to tell you the benefits:

Knowing how to read a chart gives room for self reliance in market prediction/Speculations .
It helps to understand how the market works generally
It allows readers to get a glimpse on how a future event could probably work out

Enough of the points you will surely come across most of these in your quest of acquiring knowledge.
Lastly, one of the key to predicting the future of that crypto you are willing to get your hands on is knowing how to read a crypto chart.
Bernard Mannes Baruch once said

Remember : prediction might never be accurate 100% in their prediction as we have other factors that affect our prediction sometimes among which are (Economy, Whales and influencers, e.t.c )

Code:

DYOR

All corrections and Additions are welcome

Topic: Learn how to read crypto market charts - page 2. (Read 272 times)