#CryptoCharts101 Did you know that charts are not just random lines and candles? Understanding them can make the difference between a good and a bad investment. 📉📈
🔥 Today we provide you with the basics to get started:
🕯️ Candlesticks:
Green = upward
Red = downward
Body and wicks = open, close, highs, and lows of the period
📈 Trend:
Bullish: higher highs and higher lows
Bearish: lower highs and lower lows
⚙️ Popular indicators:
RSI (Relative Strength Index)
MACD (Moving Average Convergence Divergence)