#CryptoCharts101 Great! Here's a quick overview of #CryptoCharts101 — a beginner's guide to understanding cryptocurrency charts.

🚀 #CryptoCharts101: The Basics

1. What Are Crypto Charts?

Crypto charts are visual tools that show the price movements of cryptocurrencies over time. They help traders and investors make decisions based on past price action.

📊 Types of Charts

Line Chart – Simple and shows closing prices over time.

Candlestick Chart – Most popular. Shows open, close, high, and low for a given period.

Bar Chart – Similar to candlesticks, but less visual.

🕯️ Candlestick Basics

Each candlestick shows:

Open: Starting price

Close: Ending price

High: Highest price during the period

Low: Lowest price during the period

Green candle = price went up

Red candle = price went down

📈 Key Indicators to Know

Volume – Shows trading activity. High volume = strong interest.

RSI (Relative Strength Index) – Measures if a crypto is overbought or oversold.

MACD (Moving Average Convergence Divergence) – Helps spot trend changes.

Moving Averages (SMA, EMA) – Smooths out price data to identify trends.

🔍 Support & Resistance

Support: A price level where an asset tends to stop falling.

Resistance: A level where price tends to stop rising.

These levels help you predict where price might bounce or break.

🛠️ Tools You Can Use

TradingView – Most popular platform to view and analyze crypto charts.

CoinMarketCap / CoinGecko – Good for quick price lookups.

Binance / Coinbase – Trading platforms that also show charts.

Would you like a step-by-step tutorial on how to use TradingView or how to read candlestick patterns in more detail?