#CryptoCharts101
📊 What does the chart show? And why are candles not just red and green?
Many beginners in crypto look at the chart as a “chaotic line,” but in reality, it contains the essence of the market: crowd psychology, the struggle of supply and demand, and most importantly — signals.
🕯️ Candlestick charts are the foundation of technical analysis. Each candle tells a story:
• The body of the candle shows who was dominant — bulls or bears.
• The shadows (wicks) indicate volatility and levels where the price faced resistance or support.
• Sequences of candles can foreshadow a reversal or a continuation of the trend.
🔍 Example: a long lower shadow after a drop may indicate that sellers have exhausted themselves — and buyers have begun to take the initiative.
✅ Study the chart not as a picture, but as a dialogue between the market and the trader.
A good chart does not tell you what to do — it shows you what is happening.