Bitcoin Trading Chart

What are Trading Charts?

Traders generally use trading charts as an effective tool to track the Cryptocurrency markets and in the process anticipate price movements of Cryptocurrencies, stocks or instruments they choose to invest in.

Trading Charts are very informative and come with a lot of information based on the volumes, yields, price levels, highs, lows and a lot of valuable historic data. Careful analysis of this information helps you shortlist trading options. If you invest short term, you need to track markets for short-term trend changes to stay ahead of the game.

Trading Charts help you to determine price levels to when you make entry and exit strategies. To be honest, a Cryptocurrency chart as the Bitcoin charts below, can be very confusing for a person looking at it for the very first time. However, it is a lot less complex than what it seems as first.

Displayed Indicators

  1. Moving Average (MA)
  2. Relative Strength Index (RSI)

Moving Average (MA) Explained

Relative Strength Index (RSI) Explained