#CryptoCharts101 **#CryptoCharts101: How to Read Price Charts Like a Pro**
Understanding crypto charts is key to making informed trading decisions. Here’s a quick guide:
- **Candlesticks** – Green (bullish) and red (bearish) bars show price movements within a timeframe.
- **Support & Resistance** – Key price levels where buying (support) or selling (resistance) pressure increases.
- **Trendlines** – Upward (bullish) or downward (bearish) lines help identify market direction.
- **Volume** – High trading volume confirms trend strength.
- **Indicators** – Tools like RSI (overbought/oversold) and MACD (trend momentum) aid analysis.
Mastering charts helps spot opportunities and manage risk. Start with simple patterns and practice! #Crypto #Trading #TechnicalAnalysis