#CryptoCharts101
Charts aren’t just lines—they tell the story of the market. Here’s how to start decoding them:
1️⃣ Candlestick Basics
🕯️ Each candle shows price movement over time.
🔺 Green = price up, 🔻 Red = price down.
Wicks = price highs/lows, Body = open/close.
2️⃣ Support & Resistance
🔽 Support: where price tends to bounce up.
🔼 Resistance: where price struggles to break through.
Use them to plan entries/exits.
3️⃣ Volume
📉 Low volume = weak move
📈 High volume = strong conviction
4️⃣ Moving Averages (MA)
Helps spot trends.
⚠️ Golden Cross = Bullish (50MA crosses above 200MA)
❌ Death Cross = Bearish
5️⃣ RSI (Relative Strength Index)
📈 RSI > 70 = Overbought
📉 RSI < 30 = Oversold
Great for spotting reversals.
🎯 Pro Tip: Combine indicators, don’t rely on one. And remember: charts help you prepare, not predict.
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