#CryptoCharts101
To understand financial markets, it is essential to learn how to read charts. Candlestick patterns provide us with valuable information about price movements, and from there, we can deduce trends, supports, and resistances.
For example, the bullish engulfing pattern can indicate a bullish reversal, while the hammer pattern at the end of a bearish trend may signal a positive reversal.
Use tools like RSI, MACD, and Ichimoku to gain a clearer view of the market.
Chart analysis is a skill that requires ongoing training and practice.