📈 #CryptoChart101 | Learn to Read Crypto Charts Like a Pro!
Charts aren't just lines and candles — they're your map in the crypto market. 🧭
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🔸 1. Candlestick Basics
Each "candle" shows:
🟢 Open, Close, High, Low (for a time period)
🟥 Green = price went up
🟥 Red = price went down
👉 Long wicks = high volatility
👉 Short bodies = indecision
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🔸 2. Timeframes Matter
⏱️ 1min, 15min, 1h, 1D, 1W...
Scalpers use 1–15min
Swing traders use 4h–1D
Investors prefer 1D–1W+
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🔸 3. Support & Resistance
📉 Support: Where price often bounces up
📈 Resistance: Where price often gets rejected
Mark these zones to predict possible reversals.
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🔸 4. Trendlines & Patterns
📊 Higher highs = Uptrend
📊 Lower lows = Downtrend
🔺 Look for patterns like triangles, flags, or double tops/bottoms.
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🔸 5. Volume Is Power
📊 High volume = Stronger move
📊 Low volume = Weak signal / fakeout risk
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💡 Bonus Tip: Combine chart reading with fundamentals and risk management — not just vibes.
#CryptoCharts #TradingTips #CryptoEducation #TechnicalAnalysis #CandlestickPatterns #TA101 #CryptoTrading #Bitcoin #Ethereum #Altcoins
