#CryptoCharts101
Crypto charts are essential tools for understanding market trends and making informed trades. Candlestick charts, for example, display open, close, high, and low prices, helping traders identify patterns like bullish engulfing or head and shoulders. Indicators such as RSI, MACD, and moving averages assist in spotting overbought or oversold conditions. Volume analysis shows the strength behind price movements. Mastering chart reading allows traders to predict possible price actions and enter or exit trades strategically. Start with basic trendlines, support/resistance levels, and gradually explore advanced technical analysis tools. Charts aren’t perfect predictors, but they give structure to your trading decisions.$BTC