#CryptoCharts101
How to read charts in crypto?
Trading is not just intuition. It is analysis. And it starts with charts. Here is the basics that everyone should know:
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🟩 Candlestick chart — the foundation of everything
Each candlestick = price movement over a certain period (1 min, 1 hour, 1 day).
It shows:
Open — opening price
Close — closing price
High / Low — maximum and minimum
🟢 Green — price increased
🔴 Red — decreased
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🧠 3 key concepts:
1. Support & Resistance:
🔽 Price falls — looking for support
🔼 Moving up — testing the resistance zone
→ these zones often determine the next market move.
2. Volume:
The higher the volume — the stronger the confirmation of the move.
High volume + breakout → serious signal.
3. Trendline:
A simple line connecting local minima or maxima.
Stable? The trend continues. Breakout? Possible change in movement.
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🔍 Popular indicators:
RSI (Relative Strength Index): shows whether an asset is overbought/oversold.
MA (Moving Average): smooths the price — trend is clearer.
MACD: tracks changes in momentum.