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Learn how to use crypto charts to pull successful trade in cryptocurrency
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[QUOTE="Shaf, post: 280225, member: 25467"] If you want to use charts to trade crypto, you must understand first what makes up the charts and the tools that can be used to help you read the charts even better. The most commonly used chart is made up of candlesticks. This is a very broad topic that you should take out time to learn. There is information to be learnt about the price from the individual candlesticks themselves and also from the patterns they form. For example, a doji could signal a reversal in the trend direction and you should be cautious at such points. Another important thing every trader should use in my opinion is the major support and resistance zones. This is usually the area where a lot of stop losses are put and get hunted by market manipulators. People also place a lot of buy orders and sell orders here. Indicators are helpful in reading charts, but some traders rarely use them. The key is to find the one that you find easy to use consistently. [/QUOTE]
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Learn how to use crypto charts to pull successful trade in cryptocurrency
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