The Crypto Chart-Reading Guide for Absolute Beginners | Crypto

The Crypto Chart-Reading Guide for Absolute Beginners

he crypto market is a reflection of everything
-there are Three market trends- primary, secondary, and tertiary
-Each trend has Three phases- accumulation, public participation, and panic
-The market trends on one index should be confirmed by trends seen on another
-trends are confirmed by volume
-trends will persist until definitive signals indicate otherwise
-The moving average line is calculated by averaging daily prices over a given time period
-The levels of support and resistance are critical in interpreting crypto charts
-Head and shoulders patterns are trend reversal patterns
-Wedges demonstrate a trend that is losing traction in action

Untitled design 72 The Crypto Chart-Reading Guide for Absolute Beginners

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