#CryptoCharts101

🕰️ 1. Timeframes Matter

Short-term: 1min, 5min, 15min (good for day trading)

Mid-term: 1H, 4H

Long-term: Daily, Weekly (good for swing/position trades)

✅ Tip: Match the timeframe with your trading style.

📊 2. Candlestick Basics

Each candle shows:

Open – where the price started

Close – where the price ended

High/Low – the extremes during the period

🔥 Bullish candle = close > open

❄️ Bearish candle = close < open

🔄 3. Trendlines & Support/Resistance

Trendlines: Connect higher lows (uptrend) or lower highs (downtrend)

Support: Price floor where buying interest may step in

Resistance: Price ceiling where selling may occur

🎯 Use these to time entries/exits.

📈 4. Moving Averages (MAs)

SMA (Simple Moving Average)

EMA (Exponential Moving Average) – more reactive

📍Crossovers (like 50 EMA crossing 200 EMA) often signal trend changes.

📉 5. Volume Analysis

Volume confirms moves.

Rising price + high volume = stronger trend.

Rising price + low volume = potential fakeout.

🔎 Watch for volume spikes near key levels.

🧮 6. Indicators to Know

RSI (Relative Strength Index): Overbought >70, Oversold <30

MACD: Trend-following momentum indicator

Bollinger Bands: Show volatility and potential breakout zones

⚠️ 7. Don't Overload Your Chart

Too many indicators = confusion

🔧 Keep it simple. Price action + 1–2 indicators = powerful combo.