HomeCrypto for BeginnersWhat types of charts are there

What types of charts are there

What types of charts are there

The three most used charts are:

-        Candlestick chart

-        Line chart

-        Bar chart

Candlestick chart

Candlestick charts are a type of technical analysis that consolidates data from many time frames into a single price bar. This distinguishes them from standard open-high, low-close bars or simple lines connecting the dots of closing prices. Candlesticks create patterns that, if completed, forecast price direction. This colourful technical instrument, which goes back to 18th-century Japanese rice dealers, gains depth with proper colour coding. Candlestick chart is also on of the most used.

Hundreds of these patterns, with names such bearish dark cloud cover, evening star, and three black crows, are now recognized by many traders. Single bar patterns such as the doji and hammer have also been used into a slew of long- and short-side trading methods.

Line chart

A line chart is a graphical depiction of an asset's historical price activity that uses a continuous line to link a sequence of data points. This is the most basic sort of chart in finance, and it usually just shows the closing prices of a securities over time. Line charts may be used for any timeframe; however, they are most commonly employed to show daily price fluctuations. It is a graph that shows data as a succession of data points linked by straight line segments. A line chart uses a single, continuous line to visually display the price history of an item.

Bar chart

Bar charts are made up of many price bars, each one depicting how the price of an asset or security changed over time. Each bar usually displays the open, high, low, and closing (OHLC) prices; however, this may be changed to merely display the high, low, and close (HLC).

A bar chart shows the open, high, low, and close prices of an asset or security over a certain time period. The high and low prices for the time are represented by the vertical line on a price bar.

As mentioned, candlestick chart is one of the most used, because it also offers easier and better reading of charts using technical analysis.

Check out other levels

We use cookies to store, access and process personal data to give you the best online experience. By clicking Accept Cookies you consent to storing all cookies and ensure best website performance. You can modify cookie preferences or withdraw consent by clicking Cookie Settings. To find out more about cookies and purposes, read our Cookie Policy and Privacy Policy

Cookies settings


Cookie Control


What are cookies?

Cookies are small text files that enable us, and our service provides to uniquely identify your browser or device. Cookies normally work by assigning a unique number to your device and are stored on your browser by the websites that you visit as well as third-party service providers for those website. By the term cookies other technologies as SDKs, pixels and local storage are to be considered.


If Enabled

We may recognize you as a customer which enables customized services, content and advertising, services effectiveness and device recognition for enhanced security
We may improve your experience based on your previous session
We can keep track of your preferences and personalize services
We can improve the performance of Website.


If Disabled

We won't be able to remember your previous sessions, that won't allow us to tailor the website according to your preferences
Some features might not be available and user experience reduced without cookies


Strictly necessary means that essential functions of the Website can not be provided without using them. Because these cookies are essential for the properly working and secure of Website features and services, you cannot opt-out of using these technologies. You can still block them within your browser, but it might cause the disfunction of basic website features.

  • Setting privacy preferences
  • Secure log in
  • Secure connection during the usage of services
  • Filling forms

Analytics and performance tracking technologies to analyze how you use the Website.

  • Most viewed pages
  • Interaction with content
  • Error analysis
  • Testing and Measuring various design effectivity

The Website may use third-party advertising and marketing technologies.

  • Promote our services on other platforms and websites
  • Measure the effectiveness of our campaigns