#CryptoCharts101
๐ Master Crypto Charts & Indicators! ๐
Unlock the power of crypto trading with these key chart types & indicators! ๐ง 1. Candlestick Charts: Show price action (open, close, high, low). Spot trends like Doji or Hammer! ๐ฏ๏ธ 2. Line Charts: Simple price tracking over timeโperfect for beginners. ๐ 3. Bar Charts: Detailed like candlesticks but focus on high/low ranges. ๐ Key Indicators: - Moving Averages (MA): Smooth price data to spot trends (e.g., 50-day MA). ๐ - RSI (Relative Strength Index): Measures overbought/oversold (above 70? Sell! Below 30? Buy!). โ๏ธ - MACD: Tracks momentum via moving average crossovers. ๐ - Bollinger Bands: Gauge volatilityโtight bands mean breakout potential! ๐ Pro Tip: Combine charts with indicators for smarter trades. ๐ Study patterns on TradingView or Xโs crypto threads. Trade with discipline, not hype! ๐ช