#CryptoCharts101 Read the Charts. Don’t Just Follow the Hype 📊🧠
Mastering charts is the first step to mastering the markets.
You don’t need to be a pro trader — just know what you’re looking at.
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🔍 Basic Chart Types:
🟩 1. Candlestick Charts
— Show open, high, low, close (OHLC) for time intervals
— Green = price went up 📈 | Red = price went down 📉
📈 2. Line Charts
— Simple trend view (usually closing price only)
— Great for beginners tracking long-term moves
📉 3. Volume Bars
— Measure how much was traded
— High volume = conviction behind the move
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🧠 Key Concepts to Learn:
📌 Support & Resistance — Where price tends to bounce or get rejected
📌 Trendlines — Visualize direction (uptrend, downtrend, sideways)
📌 Moving Averages (MA/EMA) — Smooth out price action for clearer trends
📌 RSI (Relative Strength Index) — Measures overbought/oversold conditions
📌 Chart Patterns — Flags, triangles, double tops/bottoms, etc.
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“Charts don’t predict the future. They help you prepare for it.”