#CryptoCharts101

Read the Market Like a Pro 📊

New to crypto? Learning to read charts is essential to smart trading. Here's your quick-start guide:

🔹 1. Candlestick Basics

🟩 Green = price went up

🟥 Red = price went down

🕯️Wicks = volatility during the time frame

Tip: Longer wicks = stronger market reaction.

🔹 2. Support & Resistance

📉 Support: Price floor — buyers step in

📈 Resistance: Price ceiling — sellers push back

These levels help you time entries & exits.

🔹 3. Volume

📦 High volume = strong trend

Low volume = weak momentum

Watch for volume spikes before big moves!

🔹 4. Moving Averages (MA)

✅ Use 50-day & 200-day MAs for trend direction.

Golden Cross = Bullish 📈

Death Cross = Bearish 📉

🔹 5. RSI (Relative Strength Index)

📍Over 70 = Overbought

📍Under 30 = Oversold

Helps spot reversals before they happen.

🧠 Pro Tip: Don’t trade based on just one indicator. Combine signals for higher accuracy.

👇 What’s the one chart pattern or signal you trust most?

#CryptoTrading #TA #TechnicalAnalysis #Bitcoin #Ethereum #DeFi #Web3 #Altcoins