📊🚀 #CryptoCharts101 Learn to read charts like a professional 🔍💰

Are you new to the crypto world and don't know what all those red and green candles mean? 🕯️📉📈 Don't worry! Here we provide you with the basics to start reading cryptocurrency charts like an experienced trader 💼🧠.

🟩 Candlestick chart: Each candle represents the price movement over a time interval (1min, 1h, 1d...).

🟢 Green candle = price went up

🔴 Red candle = price went down

📌 Support and resistance:

🔻 Support: area where the price usually stops falling.

🔺 Resistance: area where the price usually stops rising.

📈 Trends:

📈 Bullish: rising prices

📉 Bearish: falling prices

🔁 Sideways: no clear direction

📐 Useful indicators:

RSI (Relative Strength Index) 💪

MACD (Moving Average Convergence Divergence) 🔄

Moving Averages (SMA/EMA) 🧮

🧠 Tip: Don't trade solely on intuition. Learn to combine technical analysis with fundamentals and risk management 💡⚖️

Ready to analyze your first chart? 🧾👀

Save this post and share it with your friends who are just starting 🚀