#CryptoCharts101 ๐Ÿ“ˆ #CryptoCharts101: Read the Charts. Master the Market.

Trading without understanding charts is like sailing without a compass. Here's your quick guide to the basics:

๐Ÿ”น Candlestick Charts โ€“ Each candle shows the price action in a time frame:

๐Ÿ”ธ Open

๐Ÿ”ธ High

๐Ÿ”ธ Low

๐Ÿ”ธ Close (OHLC)

๐ŸŸฉ Green = Price went up

๐ŸŸฅ Red = Price went down

๐Ÿ”น Support & Resistance

Support = Where price tends to stop falling ๐Ÿ“‰

Resistance = Where price tends to stop rising ๐Ÿ“ˆ

๐Ÿ”น Volume

The power behind a move. High volume = strong trend.

๐Ÿ”น Indicators to Know:

๐Ÿ“Š RSI โ€“ Is it overbought or oversold?

๐Ÿ“Š MACD โ€“ Spot momentum shifts

๐Ÿ“Š Moving Averages โ€“ Smooth the noise, spot trends

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๐Ÿ“š Pro Tip: Start with simple tools. Master price action before diving deep into indicators.

๐Ÿ’ฌ Are you a TA pro or just getting started? Drop your favorite indicator below! ๐Ÿ‘‡

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