#CryptoCharts101 Candlestick & Chart Patterns in Crypto Trading ๐Ÿ”๐Ÿ“Š

Mastering candlestick and chart patterns is key to spotting trends, reversals, and breakouts in crypto! ๐Ÿš€

Candlestick Basics: Each candle shows open, high, low, and close prices in a given time frame. Key candlestick patterns include:

Bullish Engulfing: Signals potential upward reversal ๐Ÿ“ˆ

Bearish Engulfing: Indicates likely downward move ๐Ÿ“‰

Doji: Market indecision โ€“ often precedes a reversal โš–๏ธ

Hammer/Inverted Hammer: Suggests a trend reversal after a strong move