#CryptoCharts101 #CryptoCharts101

Understanding crypto charts is essential for smart trading. The most common chart type is the candlestick chart, which shows price movements over time—each candle displays the opening, closing, high, and low prices. Green candles indicate rising prices; red candles show declines. Key patterns like head and shoulders, double tops/bottoms, or flags help predict trends. Indicators such as Moving Averages (MA), RSI (Relative Strength Index), and MACD assist in spotting momentum and reversals. Support and resistance levels reveal where prices may bounce or break through. Mastering charts gives you insight into market behavior and helps refine your trading strategy.