#CryptoCharts101
Crypto charts are visual tools that show the price movements of cryptocurrencies over time. The most common type is the candlestick chart, which displays open, high, low, and close prices for a specific period (e.g., 1 hour, 1 day). These charts help traders analyze trends, patterns, and market sentiment. Key indicators like moving averages, Relative Strength Index (RSI), and MACD are often added to predict possible price movements. Charts also show trading volume, which indicates market activity. By studying crypto charts, traders can identify entry and exit points for buying or selling. Understanding how to read and interpret these charts is essential for anyone involved in crypto trading or investment. It's a key tool for making informed decisions.