#CryptoCharts101 Mastering the Basics of Crypto Charts
Understanding crypto charts is a vital skill for any trader. Charts help visualize price movements, patterns, and trends—giving insights into when to buy or sell. The most commonly used chart is the candlestick chart, which shows open, high, low, and close prices for specific timeframes. Green candles indicate price increases, while red candles show declines. Key indicators like moving averages, RSI (Relative Strength Index), and MACD can provide deeper market analysis. Learning to read support and resistance levels helps predict potential reversals. At Binance, we believe chart reading is more than analysis—it's the language of the market. Start slow, stay curious, and let the charts guide your trading decisions.