#CryptoCharts101 📊 #CryptoCharts101: Master the Basics! 📊
Charts are your roadmap in the crypto world. Here’s how to read them:
1️⃣ Candlestick charts:
Each “candle” shows open, close, high, and low prices. Green = up; red = down!
2️⃣ Trends:
🚀 Uptrend: higher highs & higher lows
📉 Downtrend: lower highs & lower lows
3️⃣ Indicators:
RSI – Is it overbought or oversold?
MACD – Spot momentum changes.
Moving Averages – Smooth out the noise.
💡 Key tip: Don’t rely on just one tool. Combine indicators for better decisions!