#CryptoCharts101 🎯 Ever wonder how pro traders know when to buy or sell crypto?
It all starts with reading charts like a boss. 📊
Charts are the heartbeat of the market—once you learn to read them, you’ll never trade blind again. 👀
🔍 The Basics You NEED to Know:
📉 Candlestick Charts = Trader’s Best Friend
Forget those basic line charts—candlesticks reveal the full story of price action:
🟢 Green = Bullish (Closed higher than it opened)
🔴 Red = Bearish (Closed lower than it opened)
Each candlestick shows:
Body = Open & Close prices
Wicks/Shadows = Highs & Lows during that time
Set your time frame: 1m, 1h, 1d—you choose your view. ⏱️
🕹 X & Y Axis = Your Map
🕒 X-Axis (Horizontal) = Time (left to right)
💰 Y-Axis (Vertical) = Price levels
📊 Volume Bars = Market Strength Meter
Found at the bottom of the chart:
🔥 High volume = Stronger, more meaningful moves
💤 Low volume = Weak or indecisive trends
🚀 Why It Matters:
Understanding these basics helps you:
✅ Spot trends early
✅ Catch reversals before they happen
✅ Make data-driven, not emotional, trades
🎓 It’s your first step to trading like a pro on Binance.
Ready to decode the charts?
📈 Start your journey today.