#CryptoCharts101
Crypto Charts 101:
Crypto charts help traders analyze price movements and make smart decisions. The most common chart is the candlestick chart, showing price action in a set time frame (1min, 1hr, daily, etc.).
Key parts:
1. Candlesticks: Show open, high, low, and close prices.
2. Volume Bars: Show buying/selling strength.
3. Support & Resistance: Price levels where markets often bounce or reject.
4. Indicators: Tools like RSI, MACD, and Moving Averages help predict trends.
5. Trendlines: Help spot market direction (uptrend, downtrend, sideways).
Reading charts takes practice—start simple, and grow your skills over time.