#CryptoCharts101

📊 Beginner’s Guide to Reading Crypto Charts

#CryptoCharts101

If you’re new to trading, charts might look confusing — but once you learn the basics, they become your best friend 📉📈

Here’s a quick breakdown to get you started:

🕯️ 1. Candlesticks (The Language of Charts)

Each candle shows 4 key things:

Open price

Close price

High

Low

🟢 Green candle = price went up

🔴 Red candle = price went down

📏 2. Support & Resistance

Support = price level where buyers usually step in

Resistance = price level where sellers often push back

These zones help you time your entries and exits.

📈 3. Trendlines

Drawn along highs or lows to identify uptrends or downtrends.

Remember: Trend is your friend until it ends!

📉 4. Volume

Volume shows how strong a move is.

High volume = strong conviction.

Low volume = weak or indecisive move.

🧠 5. Key Indicators to Start With:

RSI (Relative Strength Index): Overbought or oversold?

MACD: Trend direction and momentum

EMA (Exponential Moving Average): Helps smooth out price data and spot trends

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🔁 Charts don’t predict the future — but they help you stack probabilities in your favor.

💬 Want to learn more about any of these tools? Drop a comment! 👇