CryptoCharts101: Decode the Chaos 🧠💰
Want to stop guessing and start reading the market? Understanding charts is a non-negotiable skill for any crypto trader. Here's a quick breakdown:
🔹 Candlesticks = Storytelling
Every candle tells you where price opened, closed, and how much it moved. Learn patterns like doji, hammer, and engulfing.
🔹 Support & Resistance
Think of them as crypto's floor and ceiling. Price reacts. Your job? Anticipate.
🔹 Volume = Conviction
Big moves need big volume. No volume? Be suspicious.
🔹 RSI & MACD
Momentum matters. RSI shows overbought/oversold. MACD reveals trend shifts.