#CryptoCharts101 Read the Chart, Don't Guess! ๐Ÿ“Š

Charts are like the 'language of the crypto market'. If you can read them correctly, you can know when to enter, when to exit, and when it's better just to watch. Let's start from the basics:

1๏ธโƒฃ Types of Charts You Must Know

Line Chart: simple, suitable for viewing long-term trends

Bar Chart: displays open, high, low, close information

Candlestick: trader's favorite โ€” can give psychological market signals through the shape of the candle

2๏ธโƒฃ How to Quickly Read Candlesticks

Marubozu = strong dominance of buyer/seller

Doji, Hammer, Engulfing = signs of potential reversal

3๏ธโƒฃ Indicators to Avoid Getting Lost

Popular combination: MACD + RSI to read momentum and trend strength

Add Volume to know if the movement has real support or is just noise

4๏ธโƒฃ Common Mistakes That Lead to Loss

๐Ÿšซ Using too many indicators = getting more confused

๐Ÿšซ Forgetting to check volume = misinterpreting trends

๐Ÿšซ Looking at the chart too narrowly = easy to FOMO when prices jump

---

๐Ÿ’ก Pro Tip: Always start analysis from a larger timeframe (daily or 4H), then zoom into a smaller timeframe. Don't let the candle 'fool' you because you forgot to see the bigger context.

So, start with the chart that you understand best, then improve. Because traders who understand charts can see opportunities โ€” not just go with the flow.