#CryptoCharts101

Reading crypto charts isn’t just technical—it’s a trader’s second language. Learning candlestick patterns and chart structures can help you spot key moves before they happen.

Candlesticks tell a story. A green candle shows buyers in control, red shows sellers pushing back. But patterns—that’s where insight lives. A hammer at the bottom of a downtrend? Possible reversal. A shooting star after a rally? Caution—it may drop. A doji signals indecision; the next candle tells the real tale.

Beyond candles, chart patterns are essential. A double bottom can hint at a trend reversal upward. A head and shoulders often signals a potential drop. Triangles—ascending, descending, or symmetrical—suggest pressure building up. Breakouts usually follow.

Watch for bull flags during an uptrend—brief pauses before continuation. Cup and handle? That’s a classic bullish signal if confirmed by volume. Volume, by the way, is a critical confirmation tool—no volume, no conviction.

To identify trends, use moving averages (like the 50 or 200 EMA) to see direction. Trendlines help define structure and momentum. When price breaks major support or resistance with strong volume, that’s your breakout signal.

Tip: Always wait for confirmation—don’t trade solely on pattern predictions.

Master the charts, and you’ll stop reacting—you’ll start anticipating.

#cryptotrading #ChartPatterns #TrendReversals #BreakoutSignals