#CryptoCharts101 Mastering #CryptoCharts101 is key to understanding market sentiment! Candlestick charts are your best friend, showing open, high, low, and close prices for chosen timeframes (e.g., 1-hour, 1-day). Green candles mean price went up, red means it went down.
Look for patterns:
• Support & Resistance: Price levels where buying/selling pressure tends to be strong.
• Trendlines: Connect highs or lows to identify market direction.
• Volume: High volume confirms price movements.
Indicators like RSI and MACD offer more insights into momentum and overbought/oversold conditions. Practice interpreting charts to spot potential reversals or continuations! #CryptoCharts101