#CryptoCharts101

📈 Crypto Chart Basics

1. Price Line or Candlestick

Line Chart: Shows the price over time (simple view).

Candlestick Chart: Each candle shows Open, High, Low, Close prices for a time period (like 1 hour, 1 day, etc.).

🟩 Green Candle = Price went up

🟥 Red Candle = Price went down

2. Timeframe

Selectable: 1m, 5m, 1h, 1d, 1w (minutes, hours, days, weeks).

Short timeframe = for traders; Long timeframe = for investors.

3. Volume Bar

Shows how much of the coin was traded.

High volume = strong move (up or down).

4. Support & Resistance

Support: Price level where buying happens (price likely bounces up).

Resistance: Price level where selling happens (price likely falls).

5. Indicators (Optional)

Moving Average (MA): Smooths price trend.

RSI: Shows if a coin is overbought (>70) or oversold (<30).

MACD: Shows trend strength and direction.

#Binance