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- What are crypto charts?
- How do you Analyse Cryptocurrency charts?
- How do you read Cryptocurrency trends?
What are crypto charts?
Crypto charts are graphical representations of historical price, volumes, and time intervals. The charts form patterns based on the past price movements of the digital currency and are used to spot investment opportunities.
How do you Analyse Cryptocurrency charts?
On most crypto charts, a green candle indicates a bullish move or an increase in price. Meanwhile, a red candle indicates a bearish move or a decrease in price. A candlestick with almost no body and long wicks, on the other hand, indicates that neither buyers nor sellers are in control.
How do you read Cryptocurrency trends?
When reading the RSI graph of a given coin, remember that the RSI ranges from 0 to 100. Broadly speaking, when the RSI of a particular coin approaches or crosses 70, it is considered to be overbought, or overvalued. On the other hand, if RSI approaches 30, the crypto is undervalued.
