What is Candlesticks Bitcoin Charts?

Types of BTCUSD Charts

There are three types of bitcoin charts: Line bitcoin chart, bar bitcoin chart & candle bitcoin chart.

Candles Bitcoin Charts - the candlesticks crypto charts use the same bitcoin price data as bitcoin bar crypto charts (open, high, low, and close). However, they represent the charts in a much more easily identifiable way which resembles a candle with wicks on both ends.

How to Read Candles Cryptocurrency Charts

Rectangle part of the candle stick is called the body.

The high & low are described as shadows & are plotted as poking lines.

Types of Crypto Charts and How to Read Them - What is Candlesticks Crypto Charts?

The color of the bitcoin trading candlestick is either blue or red

• (Blue or Green Color candle) - Bitcoin price moved up
• (Red Color candle) - Bitcoin price moved down

Most bitcoin platforms like the MetaTrader 4 software, use colors to mark the direction of the bitcoin price. Colors used are blue or green: - green bitcoin candle when bitcoin price moves up, red bitcoin candle when bitcoin price moves down.

What is Line BTCUSD Charts?

A line bitcoin chart in Bitcoin draws the closing bitcoin price of a bitcoin pair & connects this closing bitcoin price to the closing bitcoin price of the next trading period hence forming a continuous bitcoin line cryptocurrency chart that draws the movement of bitcoin price movement.

Line Cryptocurrency Chart - plots a continuous line connecting closing bitcoin prices of a on the bitcoin price chart.

Types of Crypto Charts and How to Read Them - What is a Line Crypto Charts?

What is Bar Bitcoin Charts?

Bar Cryptocurrency Charts are charts representation of the bitcoin price displayed as sequence of OHCL bars. O H C L represents OPEN HIGH LOW & CLOSE. The Opening bitcoin price is displayed as a horizontal dash on the left and closing bitcoin price as a horizontal dash on the right.

Types of Cryptocurrency Charts and How to Read Them - What is a Bar Bitcoin Charts