#CryptoCharts101

Crypto Charts 101

Understanding crypto charts is essential for making informed trading decisions. These charts display the price movements of cryptocurrencies over time, helping traders spot trends and patterns. The most commonly used chart type is the candlestick chart, which shows opening, closing, high, and low prices within a time frame. Green candles typically represent upward movement, while red ones show a drop. Key concepts include support and resistance levels, volume, and technical indicators like RSI or MACD. Learning to read charts can help you predict potential price moves and avoid emotional trading. Whether you're day trading or investing long-term, mastering chart basics gives you a clearer picture of market behavior and helps you build smarter strategies.