What Bitcoin Chart Should I Trade With?

The most popular crypto charts in the Bitcoin Market are : Line charts, Bar charts and Candle charts.

As a beginner wanting to know which cryptocurrency chart you should trade with the advantages of the Candlesticks charts are explained below - which makes the candlesticks crypto charts the best choice of bitcoin trading with.

The crypto candlesticks are easy to use as compared to line crypto charts or bar bitcoin charts.

How to Read Crypto Candles Charts

Crypto Candlesticks Charts - these crypto candles charts use the same bitcoin trading price data as bar crypto charts (open, high, low, and close). However, these crypto candlestick charts are represented in a much more visually identifiable way which resembles a candle with wicks on both sides.

How to Interpret Crypto Candles Charts

Rectangle part of the candle stick is called the body.

The high & low of candle stick are described as shadows and plotted as poking lines.

How to Read Crypto Candlestick Charts for Beginners Guide

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

• (Blue or Green Color Crypto Candles) - Bitcoin Prices moved up
• (Red Color Crypto Candles) - Bitcoin Prices moved down

Most bitcoin trading platforms like the MetaTrader 4 BTCUSD Trading Software, use colors to mark the direction of the bitcoin trading price represented using the cryptocurrency trading candlestick. Crypto Candlesticks colors used are blue or green colors; when bitcoin trading price moves up, color of crypto candle is blue: when bitcoin trading price moves down, color of crypto candlestick is red.

How to Read Crypto Candlesticks Charts for Beginners

When Bitcoin Trading candles crypto charts are used it is very easy to see if the bitcoin trading price moved up or down as opposed to when bar crypto charts are used.