#CryptoCharts101 CryptoCharts101: Master the Charts and Improve Your Decisions 📊

Do you want to understand the crypto market better? Charts are your best tool. Here’s the basics you need to know:

🔹 Common types of charts:

✅ Candlesticks: Show open, close, high, and low in a period. Ideal for identifying trends and reversals!

✅ Lines: Simple but useful for seeing the general direction of the price.

✅ Bars: Less common, but offer similar details to candlesticks.

🔹 Supports and Resistances:

📉 Support: Zone where the price tends to "bounce" when falling.

📈 Resistance: Area where the price finds a "ceiling" before pulling back.

🔹 Key indicators:

✨ RSI (Relative Strength Index): Detects overbought (>70) or oversold (

✨ MACD: Helps identify changes in momentum.

✨ Moving averages (SMA/EMA): Smooth out the price to see trends.

💡 Tip: Combine technical analysis with news and market sentiment. No indicator is infallible!

📌 What tool has worked best for you? Share your tips! 🚀 #Crypto #Trading #TechnicalAnalysis

(🔥 Bonus: Practice on TradingView before trading with real money).