#CryptoCharts101 📊 Reading Charts Like a Pro on #Binance

Understanding crypto charts is key to smart trading. Here’s a quick guide to help you decode them:

🕰 Candlesticks: Each “candle” shows the price movement over a set time. Green = price went up. Red = price went down. The wicks show the highest and lowest prices during that time.

📈 Trends: An upward trend means higher highs and higher lows. A downward trend means lower highs and lower lows. Identifying trends helps you decide when to enter or exit a trade.

📊 Volume: Shows how much crypto is being traded. High volume = stronger price movement.

⚙️ Indicators: Tools like RSI (Relative Strength Index) and MACD help spot overbought or oversold conditions, giving you insights into potential reversals.

📉 Support & Resistance: Support = where price tends to stop falling. Resistance = where price tends to stop rising. These levels are great for planning trades.

Mastering charts takes practice—but it's one of the most valuable skills in your trading toolkit.

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