Trade Bitcoin Trading

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 chart you should trade with the advantages of the Candles charts are described 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 and Interpret CryptoCurrency Candles Charts

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

How to Analyze and Analyze Crypto Candles Charts

Rectangle part of the candle is called the body.

The high & low of candle are described as shadows & drawn as poking lines.

How Do I Read Crypto Candlestick Charts for Beginners Guide? - BTCUSD Candle Meanings

How Do I Read Crypto Candlestick Charts for Beginner Traders Tutorial

The color of the bitcoin candle-stick is either blue or red:

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

Most bitcoin platforms like the MT4 BTC USD Crypto Software/Platform, use colors to mark the direction of the bitcoin price represented using the candlestick. Candles colours used are blue or green colors; when bitcoin price moves up, color of crypto candle is blue: when btcusd crypto price moves down, color of crypto candle is red.

Crypto Candlestick Charts Vs. Bar Crypto Currency Charts - BTCUSD Candles Meanings - with BTCUSD Candle Patterns Strategy

How to Read and Interpret Crypto Candles Charts for Beginner Traders

When Bitcoin candles crypto charts are used it's very easy to see if the bitcoin price headed up or down as compared to when bar crypto charts are used.

Learn More Lessons & Topics:

Forex Seminar Gala

Forex Seminar

Bitcoin Broker