#CryptoCharts101
Reading crypto charts is essential for successful trading. Here’s a quick guide to the basics:
📊 Candlestick Patterns – Learn to spot bullish (hammer, engulfing) and bearish (shooting star, hanging man) signals.
📈 Support & Resistance – Identify key price levels where buying or selling pressure increases.
📉 Trend Lines – Draw lines to confirm upward, downward, or sideways trends.
📊 Volume Analysis – High trading volume often confirms trend strength.
⚡ Indicators (RSI, MACD) – Use RSI for overbought/oversold conditions and MACD for trend momentum.
Start with these fundamentals, practice on demo accounts, and avoid emotional trading. Master charts to make smarter crypto decisions!