#CryptoCharts101
📊 In the world of trading on Binance, reading the chart is an indispensable skill for any successful trader.
The chart gives you a direct view of price movement and helps you make informed decisions instead of guessing.
Here are the basics you should know:
1️⃣ Candlesticks: Show the opening and closing price, as well as the highest and lowest price over a time period.
2️⃣ Trend Line: Helps determine the market direction – bullish, bearish, or sideways.
3️⃣ Support and Resistance Levels: Define potential entry and exit points.
4️⃣ Technical Indicators (like RSI and MACD): Tools that enhance your decision and provide buy or sell signals.
📌 Every chart tells a story… learn to read it so your next step is more informed.
Start now with Binance Pro tools and its advanced analytics.