#CryptoCharts101 📊
🟢 Candlestick Patterns
Learn the basics of candlestick patterns like Doji, Hammer, and Engulfing to understand market sentiment.
🔵 Support and Resistance
Identify key levels where price bounces or reverses to plan entries and exits.
🟠 Trendlines
Draw lines connecting higher lows (uptrend) or lower highs (downtrend) to visualize market direction.
🔴 Moving Averages (MA)
Use tools like the 50-day or 200-day MA to identify trends and potential reversals.
🟣 RSI (Relative Strength Index)
Measures overbought or oversold conditions, helping you spot potential trend changes.
🟡 MACD (Moving Average Convergence Divergence)
Shows trend momentum and possible entry or exit points.
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🚀 Tip:
Start by learning basic patterns and indicators before diving into advanced strategies! 🔥