#CryptoCharts101 🎯 1. What is a cryptocurrency chart?

A chart is a visual representation of the price movement of a cryptocurrency over a specified period of time.

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🧱 2. Types of charts:

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🔍 3. What does the candle show?

📈 Green: Bullish Candle (close is higher than open)

📉 Red: Bearish Candle (close is lower than open)

Upper/Lower wick: Indicates the highest and lowest price during the period

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⏱ 4. Timeframes:

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🧠 5. Key indicators:

Moving Average: Shows the overall trend

RSI (Relative Strength Index): Determines if the currency is in overbought or oversold territory

MACD: Helps identify entry and exit points

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⚠️ 6. Avoid these mistakes:

Relying on only one indicator

Ignoring the larger timeframe

Opening a position based on just one candle