#CryptoCharts101 Reading crypto charts is essential for making informed trading decisions. The most commonly used chart type is the candlestick chart, which shows price movement over a selected time frame. Each candle displays four key data points: opening price, closing price, high, and low. A green candle usually means the price closed higher than it opened, while a red one indicates a price drop. Patterns like “head and shoulders,” “double tops,” or “bull flags” can help predict potential price movements. Don’t just rely on colors—combine candlestick patterns with indicators like RSI or MACD to strengthen your analysis and reduce risk.
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