#CryptoCharts101 🔍 : Decode the Data, Master the Market!
Ever felt lost looking at crypto charts? Let’s fix that!
Here are the basics every trader should know:
📈 Candlestick Charts
Each candle = price movement over a time frame
Green = price up
Red = price down
Wicks = high & low during that time
📊 Volume Bars
Shows how much of a coin was traded
High volume = strong trend or major move
📉 Moving Averages (MA)
SMA (Simple): Smooths price over time
EMA (Exponential): Reacts faster to price changes
Used to identify trend direction or entry points
📍 Support & Resistance
Support: Price level where demand prevents falling
Resistance: Price level where selling prevents rising
📐 Trend Lines & Patterns
Watch for:
🔺Triangles
📉Head & Shoulders
📊Double Tops/Bottoms
They often signal breakouts or reversals
🎯 Why It Matters:
Mastering charts = better trades, fewer emotions.
Don’t trade blindly—learn the patterns, trust the data!
📌 Save this and level up your technical analysis game.
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