#CryptoFees101

Understanding crypto charts is key to mastering digital trading. Candlestick charts are the most popular, showing price movements within a specific time frame—green candles indicate rising prices, while red ones show declines. Key elements like open, close, high, and low prices provide insight into market behavior. Support and resistance levels help identify potential entry or exit points, acting as psychological thresholds for traders. Moving averages smooth out price data to reveal trends, with the 50-day and 200-day lines commonly used. Volume indicators show how much of an asset is being traded, often signaling the strength of a trend. RSI (Relative Strength Index) helps spot overbought or oversold conditions, while MACD (Moving Average Convergence Divergence) reveals momentum shifts. Combining these tools gives traders a clearer view of market dynamics. Whether you’re a beginner or refining your strategy, decoding charts is essential for smarter decisions.