#CryptoCharts101 : Basics Of Reading Charts
Learning to read crypto charts is crucial for making informed trading decisions. These charts show how prices change over time, helping identify trends and patterns. Common chart types include line, bar, and candlestick charts—with candlesticks giving insights into the open, close, high, and low prices of each time frame. Key indicators like support and resistance levels, moving averages, and trading volume help traders anticipate market behavior. While no chart can predict the future perfectly, understanding these tools increases the chances of smart moves. Reading charts well is essential in the ever-changing world of cryptocurrency.