#CryptoCharts101
Practice on demo platforms like Binance Futures. Be patient, stick to your strategy, and beware of scams in volatile markets. Knowledge is your advantage.
Mastering cryptocurrency trading starts with reading candlestick charts! Each candle shows price movement - green for profits and red for losses - over a specific time period.
Look for patterns: a doji candle indicates indecision, a bullish engulfing candle indicates upward trends, and a bearish harami candle warns of declines.
Use support/resistance levels to determine entry/exit points. Combine this with trading volume - upward bars confirm trends. Avoid over-analyzing; focus on hourly or four-hour charts for more clarity.
