#CryptoCharts101 Reading crypto charts is a vital skill for any trader. The most basic elements include candlesticks, support/resistance levels, and moving averages. Candlestick patterns like doji or engulfing candles can tell you a lot about price momentum. Moving averages like the 50-day and 200-day lines show you the trend direction. RSI and MACD are useful indicators for spotting overbought or oversold conditions. Always combine technical analysis with good risk management. Don’t just rely on indicators – consider market sentiment and news. Chart analysis is not about predicting the future, but preparing for possibilities. How do you use charts in your trading?
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