📊 Understanding the crypto chart – the first step to avoid "FOMO"!
Many newcomers to the crypto market often overlook chart analysis, relying only on rumors or emotions to make trades. In reality, understanding candlestick charts, support and resistance, RSI, or MACD can help you avoid dangerous FOMO situations.
For example: if the RSI is above 70, it is highly likely that the market is overbought and may correct. Or when the price repeatedly hits a strong resistance level but does not break through, that is a sign to take profits.
You don't need to be an expert; just knowing the basic signals puts you ahead of many others.