#CryptoCharts101

Understanding crypto charts is fundamental for informed trading. They visually represent price action over time.

* Candlesticks are core: green indicates price rise (close > open), red indicates fall (open > close). Wicks show high/low prices.

* Timeframes (1m, 1h, 1d) determine what each candle represents.

* Volume bars below the chart show trading activity – high volume confirms strong moves.

* Support & Resistance lines identify price levels where buying/selling pressure is strong, often leading to bounces or breakouts.

* Indicators like RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) help gauge momentum and overbought/oversold conditions.

* Patterns like Head & Shoulders, Double Tops/Bottoms, and Triangles signal potential trend reversals or continuations.

Mastering these basics helps traders identify trends, anticipate movements, and make better decisions in volatile crypto markets.