#CryptoCharts101

🪙 Crypto Charts 101 (Simple & Fun Version)

1. Types of Charts:

📈 Line Chart: Shows how the price goes up 📊 and down 📉 over time.

📊 Bar Chart: Shows starting, highest, lowest, and ending prices.

🕯️ Candlestick Chart: Most used! Each candle shows if price went up 🟢 or down 🔴 during a certain time.

2. Time Frames:

🕒 Look at prices by minutes, hours, days, or weeks.

⚡ Short time = fast trading.

🧭 Long time = big picture planning.

3. Helpful Tools (Indicators):

🧮 Moving Average (MA): Shows the overall direction of the price.

📉 RSI: Tells if it's too expensive 💸 (overbought) or too cheap 🧾 (oversold).

💡 MACD: Helps see if a price change is coming.

📦 Volume: Shows how many people are trading. Big volume = strong move 💪.

4. Common Patterns:

🤕 Head and Shoulders: Might mean a trend is about to reverse 🔁.

🧱 Double Top/Bottom: Price is hitting a strong wall or floor 🚧.

🔺 Triangles & 🚩 Flags: Price may keep moving the same way ➡️.

5. Easy Tips:

📰 Check the news too — not just charts.

🛑 Use stop-loss to avoid big losses.

🧪 Practice first — don’t risk real money right away 💵.