#CryptoCharts101
Candlestick patterns and chart basics are crucial tools for any crypto trader. They help us understand market sentiment and make better decisions. I often look for patterns like the hammer and doji to spot potential reversals. For identifying trends, I rely on higher highs and higher lows in an uptrend and lower highs and lower lows in a downtrend. To catch breakouts, I watch for bullish flags, ascending triangles, and cup and handle patterns. These patterns, combined with volume analysis, give strong signals. My advice to new traders: study these patterns, use stop-losses, and never trade on emotions.
