#CryptoCharts101

Learn to Read the Markets Like a Pro 📊🧠

Crypto moves fast — but charts never lie. Whether you're trading $BTC, $ETH, or altcoins, understanding how to read crypto charts is essential for timing your moves and protecting your capital.

Here’s your crash course 👇

🔹 1. Candlestick Charts

Each candle shows price action in a time frame (1m, 1h, 1D, etc.):

🟢 Green = price closed higher than it opened

🔴 Red = price closed lower

Wicks show highs and lows — pay attention to long wicks = volatility!

🔹 2. Volume

High volume = strong conviction.

Low volume = weak or fake move.

📌 Look for volume spikes on breakouts for confirmation.

🔹 3. Trendlines & Support/Resistance

Draw horizontal lines where price often bounces (support) or gets rejected (resistance).

📈 Uptrend = higher highs + higher lows

📉 Downtrend = lower highs + lower lows

🔹 4. Moving Averages (MAs)

Smooth out price data to show trend direction.

50 EMA = short-term trend

200 EMA = long-term trend

🟢 Golden Cross = bullish (50 MA crosses above 200 MA)

🔴 Death Cross = bearish

🔹 5. RSI (Relative Strength Index)

Measures if an asset is overbought (>70) or oversold (<30).

📉 Use it to avoid buying tops or selling bottoms.

🔹 6. MACD (Moving Average Convergence Divergence)

A momentum tool that shows trend changes.

When the MACD line crosses above the signal line = buy signal

Below = sell signal

💡 Pro Tip: Combine tools — never trade based on one indicator. Look for confluence across multiple signals.

📌 Charts = Crypto’s Body Language. Learn to read it before you speak its language.

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