#CryptoCharts101
Reading crypto charts is essential for technical analysis. The most common type is the candlestick chart, which shows open, high, low, and close prices for a given time frame. Indicators like moving averages, RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and Bollinger Bands help traders analyze trends, momentum, and potential reversals. Support and resistance levels indicate where prices might stall or reverse. Patterns such as head and shoulders, triangles, and double tops/bottoms can provide signals for entry and exit points. With practice, interpreting charts becomes a powerful tool for making informed trading decisions.