#CryptoCharts101 #CryptoCharts101
Reading crypto charts is essential for making informed trading decisions. The most common type is the #CandlestickChart, which shows price movements over time using candles that display open, high, low, and close prices. #Support and #Resistance levels help identify potential entry and exit points. Use indicators like #RSI (Relative Strength Index) to spot overbought or oversold conditions, and #MACD to track momentum shifts. #Volume shows the strength behind price moves. Chart patterns like head and shoulders or triangles can signal trends. Mastering charts helps you trade with logic, not emotion. #TechnicalAnalysis #CryptoTrading #ChartPatterns #InvestSmart #TA101