#CryptoCharts101
📊 How I Read Charts Without Magic and Shamanism
Many look at a chart like a Picasso painting: something beautiful but incomprehensible. I look at it more simply: I search for levels, volumes, and the price's reaction to zones.
🔸 Support and Resistance Levels.
Where the price previously stopped — there it will start to bounce or break through again.
🔸 Volumes.
If a sharp move occurs without volume — it's dust. If there is volume — someone big has already entered.
🔸 Candles.
One candle won't tell you anything. Look at the clusters and context. 5 green in a row — good. 5 greens with a shadow on top — think about it.
🔸 Indicators.
RSI, MACD, OBV — I look at them, but as hints. Not as a verdict. All these indicators lag, what's more important is the price.
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📌 A chart is just the behavior of people in the market.
Less magic, more logic — and trading will become simpler.