Have a nice day! I know that most of here are all traders if you don't mind can i ask a little questions here because i am curious about trading. How did you do that? How do you read charts because i am still exploring and i don't know how read a charts anybody can help me with this? What is the best way to learn reading charts in an easiest way.
It's quite simple. The first thing is that you need to look at the large time frame then you will look at the charts with small time frame. Normally, you should look at the chart 1 week ago, then you can easily identify the trend of the coin you are wondering. After that, you will find good points to open order. 1D and 4H time frames are beautiful time frames for you to make open orders. Those are the most basic things that you should know when looking at a chart.
Well, I think it depends on what kind of trade you are doing just like for an example if you are unto with long-term trading then probably you set your time frame in week or month. While in day trade hourly time or minute time frame would be perfectly fit. Choosing a time frame will varies on what type of trading you are in. And yeah I think it is much better if you will look first at the largest time frame up to small ones so you could create an analysis on the the coin you are going to trade.