#CryptoCharts101

Candlestick patterns and chart basics are essential tools for identifying trends, reversals, and breakouts. Here are some key patterns to look out for:

*Reversal Patterns:*

- *Hammer*: A bullish reversal pattern indicating a potential trend change.

- *Shooting Star*: A bearish reversal pattern signaling a potential downturn.

- *Engulfing Patterns*: A bullish or bearish reversal pattern indicating a potential trend change.

*Breakout Patterns:*

- *Triangles*: A consolidation pattern indicating a potential breakout.

- *Wedges*: A pattern indicating a potential breakout or reversal.

- *Flags*: A pattern indicating a potential continuation of the trend.

*Trend Indicators:*

- *Moving Averages*: A indicator used to identify trends and potential crossovers.

- *Relative Strength Index (RSI)*: A indicator used to identify overbought or oversold conditions.

By combining these patterns and indicators, traders can gain valuable insights into market trends and make informed trading decisions.