#CryptoCharts101
Understanding cryptocurrency charts is essential for every trader. Charts are used to analyze price movements and identify entry and exit points. Some of the most important types of charts are candlesticks that show the open, close, high, and low prices. Support and resistance lines are also used to identify buying and selling areas. Indicators like RSI and MACD help confirm trends. Additionally, different timeframes (5 minutes, 1 hour, daily...) provide deeper insights depending on the trading style. Understanding these tools enables traders to make informed decisions and reduce risks. Charts are not predictions, but tools for understanding past and current price behavior.