#CryptoCharts101 Reading charts is a fundamental skill for any trader. Charts tell the story of price movement — past, present, and potential future. The better you understand them, the smarter your trades become.
The most common chart type is the candlestick chart, which shows open, high, low, and close prices within a specific time frame. Each candle reflects market sentiment — green (or white) for upward moves, red (or black) for downward.
Support and resistance levels help identify where price tends to bounce or break. Trendlines reveal the market’s direction — uptrend, downtrend, or sideways.
Indicators like Moving Averages (MA), RSI, and MACD provide deeper insights into momentum, overbought/oversold conditions, and potential reversals.
Charts aren't about predicting the future perfectly — they’re about increasing your probability of making the right call.
Master the charts, and you’ll trade with more confidence and control.
#CryptoCharts101 #TechnicalAnalysis #SmartTrading #KnowTheTrend