Here’s a short and clear guide to #CryptoCharts101 📊📈
📊 #CryptoCharts101: Reading Crypto Like a Pro
1. 🕯️ Candlestick Charts
Each “candle” shows price movement over time:
Green = price went up
Red = price went down
Shows Open, High, Low, Close (OHLC)
2. 🧭 Timeframes Matter
1m / 5m = short-term (scalping)
1h / 4h = mid-term
1D / 1W = long-term trends
3. 📈 Support & Resistance
Support = price floor (buyers step in)
Resistance = price ceiling (sellers step in)
4. 📐 Trend Lines
Connect highs/lows to spot uptrends, downtrends, or sideways movement
5. 📊 Indicators
RSI = Overbought/Oversold
MACD = Trend shifts
Moving Averages = Smooth out price
🧠 TL;DR:
Candles tell stories. Trends and levels guide you. Indicators confirm.