#CryptoCharts101 CryptoChart 101: New to Binance? Start here!
Understanding charts is essential for smarter trading. On Binance, use candlestick charts to monitor price movements. Green = the price has gone up, red = it has gone down. Each candle shows the price action over a specific time frame (e.g., 1m, 1h, 1d). Use volume bars to identify strong buying/selling pressure. Combine indicators like RSI and Moving Averages to find trends and entry points.
Practice reading patterns (like triangles or head and shoulders) and always set stop-losses.
Stay focused, trade smart! 🧠💹
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