Beginner's Trick: How to Quickly Read Binance Charts (1 Hour)

Binance charts can seem confusing to beginners at first, especially with the green and red candles, strange lines, and many numbers. But with a few simple tricks, you can confidently start reading a 1-hour chart in just a few minutes.

Understanding Candles

Green candle → Price rose during that hour.

Red candle → Price fell during that hour.

Wicks (thin lines) → High and Low prices reached during that hour.

Pro Tip: Long wicks show strong rejection at those levels (buyers or sellers pushing the price back).

Identifying Support and Resistance

Support = the "bottom" of the price where buyers enter.

Resistance = the "ceiling" of the price where sellers appear.

If the price breaks above the resistance level, it may rise further. If it breaks above the support level, it may fall.

Reading the Trend

Uptrend → Higher highs and higher lows. Downtrend → Lower highs and lower lows.