#CryptoCharts101 **Crypto Charts 101: Reading Price Action Like a Pro**
Understanding crypto charts is essential for successful trading. The basics include:
🔹 **Candlestick Patterns** – Shows open, close, high, and low prices. Patterns like Doji, Hammer, and Engulfing can signal reversals or continuations.
🔹 **Support & Resistance** – Key price levels where buying/selling pressure increases. Breakouts above resistance or below support often lead to big moves.
🔹 **Trend Lines** – Drawing lines connecting highs/lows helps identify uptrends, downtrends, or consolidations.
🔹 **Volume** – High volume confirms trend strength, while low volume may indicate weak momentum.
Mastering these basics helps traders make smarter decisions. Always combine technical analysis with risk management! #CryptoCharts #Trading101 #Bitcoin #TechnicalAnalysis
