#CryptoCharts101 Mastering crypto charts is essential for traders and investors. Primarily, candlestick charts reveal price action over time. Each candle shows the open, high, low, and close prices. A green body means the close was higher than the open (bullish), while a red body indicates the opposite (bearish). The thin wicks represent the absolute high and low.

Charts feature an X-axis for timeframe (adjustable for different perspectives) and a Y-axis for price. Volume bars at the bottom indicate trading activity, with higher volume suggesting stronger price conviction.

Key analysis concepts include identifying trends (uptrend, downtrend, sideways) and pinpointing support (price floor) and resistance (price ceiling) levels. Technical indicators like Moving Averages (MA), Relative Strength Index (RSI), and MACD offer insights into momentum and potential reversals. Finally, recognizing chart patterns can hint at future price movements. Remember, charts are tools, not crystal balls; combine them with other research for better decisions.