#CryptoCharts101
Have you ever seen a coin suddenly rise 🚀 by 50% in a day? Here are some initial features that often appear BEFORE a big explosion:
🔹 1️⃣ Increasing volume, price still sideways ➡️ The trading volume increases, but the price does not move significantly. This means accumulation is taking place = a signal that smart money is starting to enter. 🔹 2️⃣ Breakthrough of resistance with high volume ➡️ The price breaks a previous resistance zone accompanied by increasing volume. This usually indicates the beginning of the marking phase (pump).
🔹 3️⃣ Pattern of higher lows and higher highs ➡️ The chart forms peaks and valleys that are increasingly higher = a healthy uptrend.
🔹 4️⃣ Positive and growing social sentiment ➡️ Many positive conversations on X (Twitter), Discord, and Telegram. But beware of FOMO! Always confirm with the chart.
🔹 5️⃣ Whale alerts / On-chain data ➡️ There are significant transfers or withdrawals to exchanges = possible scenario for a major move.
Good luck!