#Traiding

Do you know how to use them? I use them as antidotes to FOMO and FUD.

Charts are fundamental tools in cryptotrading, as they allow for analyzing historical price behavior and predicting future movements. Their correct interpretation improves decision-making when buying or selling assets. Three key aspects to consider:

1. Trend: identify whether the market is rising, falling, or sideways. Following the trend helps avoid trades that go against the overall flow.

2. Support and resistance: areas where the price tends to bounce or break. These areas mark critical levels for entering or exiting a trade.