#CryptoCharts101

Crypto charts are visual tools that show the price movements of cryptocurrencies over time. The most common type is the candlestick chart, which displays opening, closing, high, and low prices within a specific time frame (e.g., 1 hour, 1 day). Charts help traders identify patterns and trends, such as support and resistance levels, breakouts, and reversals. Technical indicators like Moving Averages (MA), Relative Strength Index (RSI), and MACD are often added to charts to assist in decision-making. Time frames can be short (for day trading) or long (for investing). By analyzing charts, traders aim to predict future price movements. Understanding how to read and interpret crypto charts is a key skill in technical analysis and smart trading.