#CryptoCharts101 Want to stop buying the top and selling the dip?
It all starts with understanding crypto charts — no rocket science needed. 🚀
Here are the essentials every trader must know:
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🟩 1. Candlesticks 101
Each candle shows:
Open, Close (body)
High, Low (wicks)
🟥 Red = price went down
🟩 Green = price went up
⏰ 1D = each candle is one day.
⏰ 4H = each candle is four hours.
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📈 2. Support & Resistance
Support = price floor (buyers step in)
Resistance = price ceiling (sellers dominate)
🔄 Price often bounces between them.
📉 If it breaks support, expect more downside.
📈 Break resistance? Could pump hard!
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🧠 3. Moving Averages (MA)
These smooth out price data:
50MA (short-term trend)
200MA (long-term trend)
🟢 Golden Cross = Bullish (50MA crosses above 200MA)
🔴 Death Cross = Bearish (50MA drops below 200MA)
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📊 4. Volume
High volume = strong conviction
Low volume = weak moves, easy manipulation
💡 Big green candle + high volume = bullish confirmation
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🚨 5. RSI (Relative Strength Index)
70+ = Overbought (price may drop)
30− = Oversold (price may rise)
Great for spotting reversals.
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🎯 Final Pro Tip:
Don’t trade on emotion. Trade on structure.
Charts won’t predict the future — but they show what’s likely based on real data.
