#CryptoCharts101 Understanding crypto charts is essential for making informed trading decisions. The most commonly used chart type is the candlestick chart, which shows price movements within a selected timeframe. Each candlestick represents the opening, closing, high, and low prices — giving traders visual insights into market behavior.

Support and resistance levels help identify where the price might stop falling or rising. Recognizing patterns like head and shoulders, double tops, or triangles can signal potential trend reversals or continuations.

Traders also rely on technical indicators such as Moving Averages, RSI (Relative Strength Index), and MACD to understand momentum and market strength. By learning how to read these tools correctly, traders can increase their chances of entering and exiting positions more strategically.

Crypto charts don’t guarantee profits, but they are powerful tools when used alongside sound risk management and market analysis.