#CryptoCharts101
Those who do not read the candles write their losses with their own hands.
XRP
If you cannot read the chart, you are trading as if you are walking down a dark path without a guide.
The chart is not just graphs or decorative shapes; it is the tool that reveals to you the true movement of the market and helps you understand what has happened and what may happen later.
Every line and every pattern carries a message, and every candle tells the details of a battle between buyers and sellers.
Japanese candlesticks accurately show you where the price started and where it ended, and what the highest and lowest points were during a specific time period.
Support and resistance levels are not random numbers, but critical levels at which the market direction can change.
As for the overall trend – whether it is upward, downward, or sideways – it determines the nature of your decisions: do you enter, wait, or exit?
Learning to read the chart is not a luxury, but a necessity for anyone seeking success in the trading world.
For every candle carries a story within it, and those who read it well make their decisions with confidence and reduce their risks.