📊 #CryptoCharts101 – Decode the Charts, Dominate the Trades 🚀
New to crypto? 🪙 Feeling lost when looking at charts full of candles, lines, and patterns? Don't worry — we’ve got you! 😎 Let’s break it down with some chart wisdom + emojis 👇
---
🕯️ 1. Candlestick Basics
Each candle = price movement over time 🕰️
🟢 Green = Price went up 💹
🔴 Red = Price went down 📉
✅ Learn to read the candles, not just stare at them 👀
---
📈 2. Trend is Your Friend
Uptrend: Higher highs + higher lows ⬆️
Downtrend: Lower highs + lower lows ⬇️
🔍 Spot the trend before you hit “buy” 💸
---
📉 3. Support & Resistance
🟦 Support: Where price tends to bounce up (think trampoline 🪄)
🟥 Resistance: Where price gets stuck or reverses 🧱
⚠️ Don't trade blind — mark these zones!
---
📐 4. Chart Patterns 101
🔺 Triangle = Price squeeze incoming
🎏 Double Top/Bottom = Reversal alert 🚨
📊 Head & Shoulders = Trend may flip — watch closely! 👁️
---
⚙️ 5. Use Indicators Wisely
📏 RSI = Overbought or oversold?
🌊 MACD = Momentum tracker
🎯 Combine indicators, don’t rely on one!