#CryptoCharts101 📊 How to Read Cryptocurrency Charts: Basics for Beginners
Want to learn how to buy and sell coins at the right moment? It all starts with understanding charts!
Here are 3 key elements to pay attention to:
1️⃣ Candlesticks — each candlestick shows the price movement over a certain period.
🟩 Green — the price has increased.
🟥 Red — the price has decreased.
2️⃣ Support and Resistance Levels — areas where the price often "stops" or reverses. Use them to find entry and exit points.
3️⃣ Trading Volumes — help to understand the strength of the movement. High volume = more participants = stronger signal.
💡 Tip: first practice on a demo or with minimal amounts to avoid losing money due to emotions.
Want more of such analyses? Follow the #CryptoCharts101 series
Let's learn together — trade wisely!