#CryptoCharts101

2. Candlestick Patterns

• Each candle shows open, high, low, close.

• Common patterns:

• Bullish engulfing = Buy signal

• Doji = Reversal possible

• Hammer = Bounce incoming

• Shooting Star = Potential drop

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📉 3. Support & Resistance

• Support = Price floor (buyers step in)

• Resistance = Price ceiling (sellers step in)

🔁 Price often bounces between these levels.

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📊 4. Volume

• High volume = Strong moves

• Low volume = Weak or fakeouts

👀 Always watch volume during breakouts.

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🔄 5. Trendlines

• Connect higher lows in an uptrend

• Connect lower highs in a downtrend

📐 Used to spot breakouts or continuation.

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🧠 6. Indicators (Use Sparingly)

• RSI (Relative Strength Index) – Overbought > 70, Oversold < 30

• MACD – Trend-following momentum indicator

• EMA/SMA – Moving averages to show direction