📊 #CryptoCharts101

#CryptoCharts101 is all about helping traders and investors understand how to read and analyze cryptocurrency charts to make smarter decisions. It breaks down the basics of technical analysis in the crypto world.

🔍 What It Covers:

1. Chart Types

Line Charts – Simple price over time.

Candlestick Charts – Most popular; shows open, high, low, close (OHLC).

Bar Charts – Similar to candles, with a focus on volume and price.

2. Key Indicators

Moving Averages (MA & EMA)

Relative Strength Index (RSI)

MACD (Moving Average Convergence Divergence)

Volume Analysis

3. Chart Patterns

Bullish: Cup & Handle, Double Bottom, Ascending Triangle

Bearish: Head & Shoulders, Double Top, Descending Triangle

4. Support & Resistance

Levels where prices tend to bounce (support) or reverse (resistance).

5. Trendlines

Drawing lines to identify upward or downward trends.

6. Candlestick Formations

Bullish engulfing, Doji, Hammer, Shooting Star, etc.

🧠 Goal of #CryptoCharts101:

To educate and empower traders to interpret crypto price movements with confidence using chart analysis instead of relying on hype or guesswork.