#CryptoCharts101

Understanding crypto charts is a fundamental skill for any trader. The most common type is the candlestick chart, which shows open, high, low, and close prices over a set time frame. Green candles indicate upward movement; red ones signal price drops. Key patterns—like “head and shoulders” or “double bottoms”—can hint at upcoming trend reversals. Indicators such as RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and Bollinger Bands help traders identify momentum and overbought or oversold conditions. Volume also plays a crucial role in confirming price action. Don’t overlook support and resistance levels—they’re psychological price points where trends often pause or reverse. Learning to read crypto charts takes practice, but it’s the foundation of technical analysis. Whether you’re day trading or swing trading, chart literacy gives you an edge. Dive in, draw lines, and spot those setups!