#CryptoCharts101 Understand what you see...
Charts are essential tools for analyzing cryptocurrency market behavior. Learning to read them allows you to identify trends, make informed decisions, and manage risks.
Candlestick charts: each candle represents price movement over a period of time.
Support and resistance: areas where the price tends to stop or reverse.
Trends: by observing highs and lows, you can identify whether the market is rising, falling, or moving sideways.
Volume: shows how much activity there is in a movement, which can confirm its validity.
Mastering these elements is the first step towards effective technical analysis.