"Hey, future crypto stars! 👋 Did you just arrive at Binance and feel a bit lost with the charts? Don't worry! I'm going to show you the basics to start understanding the market. 👇
Imagine this:
Magic Candles: In the charts, each "candle" tells you if the price went UP (💚) or DOWN (❤️) over a period of time. Green = joy, Red = caution! 😉
[Here we could put a simple image of a green and a red candle with labels.]
Floors and Ceilings:
Support (Floor): A price where people say "I'm buying here!". The price usually bounces upwards. 🧱
Resistance (Ceiling): A price where people say "I'm selling here!". The price usually stops or drops. ☁️
[Here we could put a simple image of a chart with a support line and a resistance line.]
How to see it on Binance?
Choose your cryptocurrency (e.g. $BTC).
Go to the "Chart" section.
Look at the candles and try to see the "floors" and "ceilings"!
To start off right:
Small steps: Don't jump in without understanding.
Always learn: Binance Academy is your friend. 📚
Watch out for risks: This isn't magic, analyze carefully!
Did this mini-guide help you? Leave me a 👍 if you want more tips for beginners on Binance!
