#CryptoCharts101 How to read a chart to avoid losing your deposit
Candles, lines, RSI, MA — what does it all mean? Don't worry, we'll understand it now!
---
🟢 Candle chart
Each candle shows:
Opening price
Closing price
High and low of the period
🟩 Green — the price has gone up. 🟥 Red — it has gone down.
15-minute chart? Each candle — 15 minutes of drama.
---
📉 MA (Moving Average)
Average price value over a specific period.
MA7 — quick reaction
MA25/99 — shows the overall trend
🔁 If the price is above MA — bullish trend, below — bearish.
---
⚠️ RSI (Relative Strength Index)
Shows if an asset is overbought or oversold:
RSI > 70 — 🛑 possible pullback
RSI < 30 — 🟢 possible upward reversal
---
📊 Volume
The higher the volume, the stronger the confirmation of the trend.
⬆️ High volume + upward movement = true bullrun
⬇️ Low volume = don't trust such an increase
---
🧠 Tip for beginners:
Combine indicators — never rely on just one.
Trading is like a slow cooker: a single button won’t cook anything.