#CryptoCharts101 #CryptoCharts101 Charts — the main tool of the trader. With them, you can see price behavior and make informed decisions. The most popular types of charts are: line, candlestick, and bar. Candlesticks (Japanese candlesticks) show the opening, closing, high, and low prices during a given period. Technical analysis uses patterns (triangles, head and shoulders), indicators (RSI, MACD, moving averages), and support/resistance levels. The chart reflects market emotions, and by learning to read it, you will be able to predict movements with greater probability. You should not rely solely on charts: combine with fundamental analysis and news.
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