How to Read Cryptocurrency Charts?
What Are Cryptocurrency Charts? Cryptocurrency Charts is a snapshot of the historic and current price movements over a specific timeframe, ranging from seconds to minutes, days to weeks, and even months, years and more. The price movements are represented as a line, graph, area, bar charts, Japanese candlesticks and others. Time Frames for Crypto Charts The popular time frames that an analyst considered are: 15-minute chart Hourly chart 4-hour chart Daily chart How to Calculates the Cryptocurrency Market Cap? Market Cap = Total Circulating Supply x Price of each coin This is an excellent indicator of the stability of the coin. For example: As you can see, this coin's market cap is pretty stable for one month. Now compare with another coin. As you can see, this is more volatile than the above coin. How to Read Cryptocurrency Charts? "Basic" Charts You can see such "basic" charts on the price tracking website such as CoinCarp . Here is some information you can s...