Have you ever looked at the chart and felt confused? Many beginners do not know how to distinguish between a correction and a reversal, and this is a common mistake that leads to wrong trading decisions.

In the ETH/USDT chart, we recently noticed a slight decline after a strong rise. Some thought it was the beginning of a reversal, but the reality is that it was just a healthy correction within a clear upward trend.

How do you differentiate? Watch the larger timeframe, and if the price continues to maintain higher highs and higher lows, it is likely a correction.

A deep understanding of charts is the first step towards successful trading.

#cryptocharts101