Question 1

What does a price chart actually show?

Accepted Answer

It shows the price of something across time. Price runs up the vertical axis and time runs along the horizontal axis, so the line or candles trace where price was at each moment in the past.

Question 2

Why do traders use charts instead of just a number?

Accepted Answer

A single number tells you only the current price. A chart shows the path price took to get there, which is the context most traders and investors use to make decisions.

Question 3

Does a chart predict where price is going?

Accepted Answer

No. A chart is a record of what already happened. It can help you frame context and probabilities, but it never guarantees the next move.