#CryptoCharts101 Decoding charts without going crazy
Looking at a crypto chart for the first time can seem like an alien sight: green and red candles, mysterious abbreviations, lines crossing like in the Matrix. But don't worry: understanding a chart is like reading a story… about money.
• Japanese candles: each candle shows the opening, closing, high, and low price over a time interval. Green = price went up, red = went down.
• Supports and resistances: they are like floors and ceilings. The price tends to bounce there, but if it breaks through… fireworks.
• Common indicators: RSI (how “tired” the trend is), MACD (momentum), moving averages (slow but reliable trends).
• Volumes: show how much people are buying or selling. High volume = more credible move.
Understanding charts doesn’t make you a fortune teller, but it prevents you from navigating with your eyes closed.