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