#CryptoCharts101

How to read charts to avoid losing your deposit?

Technical analysis is not magic, but the language of charts. If you want to trade confidently, start with the basics. Here’s a short guide:

📌 1. Candlesticks

🟩 Green = increase | 🟥 Red = decrease

The body shows the price change between opening and closing.

Wicks (shadows) are the high/low for the period.

📌 2. Support and Resistance

— Support: level where the price "bounces" upwards

— Resistance: level where the price "sticks" and cannot break through

📌 3. Trends

📈 Uptrend — a higher series of highs/lows

📉 Downtrend — a lower series of highs/lows

🔁 Flat — price moves sideways, without clear dynamics

📌 4. Indicators

— RSI: shows whether the asset is overbought/oversold

— MACD: trend + entry/exit signals

— EMA: smoothed average — ideal for trend strategies

📌 5. Volume

Confirmation of movement strength. Without volume — breakouts are fake.

🎯 Key idea:

A chart is not about "guessing the future", but working with probabilities.

You don’t need to be a genius to see the structure — you need to be disciplined to adhere to it.

💬 Want a mini-guide on patterns (figures)? Write + in the comments

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