How to read charts on Binance without going crazy?
If you're just starting, you probably opened a chart and thought:
"What is all this?
Green candles, red candles, lines everywhere...?"
Don't worry, I'll explain the basics so you don't get lost:
1. Candlestick chart.
Each candle shows how the price moved in a period:
🟢 Green = went up.
🔴 Red = went down.
Look at the open, close, high, and low.
2. General trend
Is the price going up or down in the last few days?
That gives you context: bullish or bearish.
3. Support and resistance.
Areas where the price tends to stop.
They help you know where to buy or sell more logically.
4. Volume.
How much is being traded.
High volume = more strength in that movement.
5. Moving averages.
Price averages.
They help visualize trends and possible changes.
You don't need to be an expert to start.
Just understand the basics and keep practicing.
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