Anticipating Trends: How to Follow Cryptocurrency Charts

In a landscape as volatile and <a href="https://levelup.gitconnected.com/on-the-rocks-how-a-freeze-in-crypto-will-affect-investors-1b0c14db0751" rel="noopener ugc nofollow" target="_blank">unpredictable as crypto</a>, having a plan of action can make all the difference between success and failure. Although the erratic price movements that characterize the likes of Bitcoin and Ethereum make life difficult for traders, they’re also responsible for delivering strong returns for intuitive market plays and well-researched investments. Technical analysis plays a key role here, whereby investors can quickly identify trends and act quickly and decisively. But how can investors conduct technical analysis? And how much of a difference can it make to portfolio performance? <img alt="" src="https://miro.medium.com/v2/resize:fit:700/1*SUnmlABKNOlmZO3VaDJTuA.png" style="height:368px; width:700px" /> (Image: <a href="https://www.theblock.co/data/crypto-markets/prices/bitcoin-volatility-index-bvx" rel="noopener ugc nofollow" target="_blank">The Block</a>) As we can see from Bitcoin’s Volatility Index (BVIN), the asset is prone to wild price movements that are multiple times more erratic than traditional stocks and shares. Although these rapid swings can be difficult to understand, technical analysis can help investors to better spot the signs that movement is on the way. <a href="https://levelup.gitconnected.com/anticipating-trends-how-to-follow-cryptocurrency-charts-ba6ea0955143">Read More</a>