#CryptoCharts101 📊 Crypto Charts 101: Learn to Read Before You Trade
Crypto charts aren’t just lines going up and down—they tell the story of market psychology, momentum, and opportunity.
Whether you're a day trader or long-term holder, understanding charts can give you an edge.
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🔹 Basic Chart Types:
1. Line Chart:
Shows price movement over time (great for beginners).
Simple, clean, but lacks detail.
2. Candlestick Chart:
The most popular. Shows open, high, low, and close (OHLC) prices.
Green = price went up, Red = price went down.
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🔹 Key Things to Watch:
Support & Resistance Levels:
Areas where price bounces (support) or gets rejected (resistance) repeatedly.
Volume:
Tells you how strong a move is. High volume = strong interest.
Trends:
Identify uptrends (higher highs) or downtrends (lower lows) to ride momentum.
Indicators:
Tools like RSI, MACD, or Moving Averages help detect entry/exit points—but don’t rely on them blindly.
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💡 Pro Tip:
Never trade on charts alone. Always combine technical and fundamental analysis—and know that no chart predicts the future perfectly.
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✅ Bottom Line:
Learning how to read crypto charts turns you from a guesser into a strategic trader. Start simple, stay consistent, and let the chart guide—not decide—your moves.