#CryptoCharts101

📊 #CryptoCharts101: Demystifying the Market 📊

New to crypto trading? Understanding charts is key!

* Candlesticks: Show open, high, low, and close prices. Green usually means price went up, red means it went down.

* Volume: Indicates how much of an asset is being traded. Higher volume often confirms price moves.

* Support & Resistance: Price levels where an asset tends to stop falling (support) or stop rising (resistance).

* Trendlines: Lines drawn on charts to show the general direction of price movement (up, down, or sideways).

Learning these basics helps you make informed decisions!

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