#CryptoCharts101
Understanding crypto charts is key to making smart trading decisions. Start with candlestick charts—each candle shows price movement within a specific time. The body shows open/close prices, while wicks reveal highs and lows.
Use support and resistance levels to identify potential entry and exit points. Watch volume trends—rising volume can confirm price movement strength. Indicators like RSI (Relative Strength Index) help spot overbought or oversold conditions, and moving averages smooth out price action to reveal trends.
Tip: Never rely on just one indicator. Combine chart patterns, indicators, and news for better results.
Advice: Practice reading charts with past data before trading live. Patterns repeat—learn them.
Mastering charts = trading with confidence!