#CryptoCharts101 #CryptoCharts101

Understanding crypto charts is essential for anyone looking to trade or invest in digital assets. At first glance, charts may seem overwhelming—but they’re powerful tools that reveal market sentiment, price action, and potential trends.

Start with the candlestick chart—the most common in crypto trading. Each candlestick shows four key prices: open, high, low, and close. Green (or white) candles indicate price movement up; red (or black) candles mean price movement down.

Pay close attention to support and resistance levels. Support is where prices tend to stop falling, while resistance is where they often stop rising. These levels can help you time entries and exits.

Volume is another key indicator. Rising volume during a breakout often confirms strength, while low volume may signal a false move.

Don’t ignore technical indicators like RSI (Relative Strength Index), MACD (Moving Average Convergence Divergence), and moving averages. These help gauge momentum, trends, and potential reversals.

Charts are not crystal balls, but they give structure to decision-making. The goal is to react with reason, not emotion