#CryptoCharts101

It starts with the candlestick chart—the most common in cryptocurrency trading. Each candle shows four key prices: open, high, low, and close. Green (or white) candles indicate a price movement upwards; red (or black) candles signify a price movement downwards.

Pay particular attention to support and resistance levels. Support is where prices tend to stop falling, while resistance is where they often stop rising. These levels can help you time entries and exits.

Volume is another key indicator. Increasing volume during a breakout often confirms strength, while low volume can signal a false move.

Do not ignore technical indicators such as the RSI (Relative Strength Index), the MACD (Moving Average Convergence Divergence), and moving averages. These help assess momentum, trends, and potential reversals.

Charts are not crystal balls, but they provide structure to the decision-making process. The goal is to react with reason, not emotion.