#CryptoCharts101

Reading the Market’s Story

Crypto charts might look intimidating at first, but they’re powerful tools that help you understand price movements and make smarter trading decisions.

Here’s a quick breakdown for beginners:

🕯 1. Candlesticks 101

Each candle shows 4 key things: Open, Close, High, Low.

Green = price went up. Red = price went down.

Learning candlestick patterns can help predict market direction.

📈 2. Trends Matter

Uptrend = higher highs and higher lows.

Downtrend = lower highs and lower lows.

Don’t fight the trend — trade with it.

⚙️ 3. Key Indicators

Moving Averages: Smooth out price action to show the trend.

RSI: Measures if a coin is overbought or oversold.

MACD: Helps spot momentum changes.

📐 4. Support & Resistance

Support = price level where buyers step in.

Resistance = where sellers push back.

These levels can guide your entry/exit points.

🔍 Start simple, practice regularly, and over time, reading charts becomes second nature.