#CryptoCharts101 – Reading Charts Like a Pro Starts with the Basics 🕯️🧠

Understanding candlesticks and chart patterns can completely transform your trading strategy. It’s not magic — it’s market psychology in action.

🕯️ Candlestick Basics:

Each candlestick shows price action for a specific time frame:

Open 🔓

High 📈

Low 📉

Close 🔒

Green = price went up ✅

Red = price went down ❌

📘 Must-Know Patterns:

🔹 Doji – Signals indecision, potential reversal

🔹 Engulfing – Strong reversal pattern (bullish or bearish)

🔹 Hammer/Inverted Hammer – Trend reversal clues

🔹 Morning Star / Evening Star – Powerful trend reversal signals

📈 How Chart Reading Helps Me:

By spotting key support/resistance and candle patterns, I’ve:

✔️ Avoided FOMO entries

✔️ Timed exits before trend reversals

✔️ Caught breakouts after consolidation

I no longer guess — I wait for confirmations. 🔍