#CryptoCharts101 š Crypto Charts: The Visual Language of the Crypto Trading World! š§ š”
If you're serious about the crypto world, then charts are not just simple up-and-down graphs ā they are the main tool for reading price movements and market opportunities.
Types of charts commonly used:
šø Candlestick Chart ā The most popular, showing open, high, low, and close prices at one time.
š¹ Line Chart ā Connects closing prices, simple but lacks detail.
šø Bar Chart ā Similar to candlestick but with a different appearance, sometimes used for classic technical analysis.
š¹ Volume Chart ā Shows how many transactions occur, important for confirming signals.
Understand charts, learn patterns, and combine with technical indicators like RSI, MA, or MACD for more accurate decisions. Trading without reading charts is like navigation without a map! š§šš
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