#CryptoCharts101 Reading a chart allows you to identify trends, entry and exit points, and key areas where institutional traders might be acting. For example, a 'head and shoulders' pattern can warn you of a potential reversal, while an ascending channel may suggest a bullish continuation.
But be careful: charts are not a crystal ball. It's not just about seeing patterns, but interpreting the context, the volume, and combining it with other indicators like RSI or MACD.