#CryptoCharts101

Here’s a Binance Square–style post for #CryptoCharts101:

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📊 #CryptoCharts101 — Read the Charts Like a Pro

If you're trading blind, you're gambling. 📉📈

Understanding charts is key to spotting opportunities — and avoiding traps. Here are the basics:

1️⃣ Candlesticks 101

Each candle = price movement over a set time.

🟢 Green = price up | 🔴 Red = price down

Wicks show volatility. Bodies show strength.

2️⃣ Support & Resistance

Support: price floor — buyers step in

Resistance: price ceiling — sellers dominate

📌 Tip: Watch how price reacts near these levels.

3️⃣ Trendlines & Channels

📈 Uptrend: higher highs & higher lows

📉 Downtrend: lower highs & lower lows

🟡 Tip: Trade with the trend, not against it.

4️⃣ Volume Matters

Big moves with low volume = fakeouts.

Strong volume confirms breakout or breakdown.

5️⃣ Indicators (use sparingly!)

📍 RSI – Overbought or oversold?

📍 MACD – Momentum & trend shifts

📍 Moving Averages – Smooth out price action

📌 Charts don’t predict — they guide.

Learn the language of price, and let it talk to you.

#CryptoTrading #TechnicalAnalysis #BinanceSquare #TA101 #DYOR