Read a crypto chart like a pro 📊 #CryptoCharts101

You open a chart and see red and green candles… but you don't know where to start? Here's the essential:

🔹 1. Japanese Candlesticks

Each candle = 1 unit of time (1min, 15min, 1h, etc.)

🟢 Green Candle: the price has gone up

🔴 Red Candle: the price has gone down

Wicks show the extremes (highest / lowest)

🔹 2. Support and Resistance

Support: a low price where buyers return

Resistance: a high price where sellers take over

🎯 Tip: draw the levels where the price has often reacted in the past

🔹 3. Trends

Bullish: higher highs and higher lows

Bearish: lower highs and lower lows

Sideways: the price oscillates within a range

🔹 4. Volumes

A movement without volume = low conviction.

Always check if the volume confirms the breakout or the bounce.

🔹 5. Useful indicators for beginners:

RSI: shows if a crypto is overbought (>70) or oversold (<30)

MACD: detects bullish or bearish crossovers

Moving averages (EMA20, EMA50): indicate the dominant direction

📌 Final guide:

Don’t try to understand everything at once. Start with 1 or 2 indicators, draw the important levels, and watch the price reaction.

💬 Do you want me to explain an indicator in detail? Tell me which one 🔍

#CryptoTraining #BeginnerTrading #Charting #BinanceSquare #CryptoEducation