#CryptoCharts101 📊 Crypto Charts 101: Read the Market Like a Pro 🧠🚀
New to crypto? Charts may look intimidating, but here’s how to decode the basics:
1. Candlesticks 101 🕯️
Each candle shows price movement over a time period (1m, 1h, 1d, etc.)
🟩 Green = Price went up
🔴 Red = Price went down
Wick = Price extremes (highs/lows)
2. Support & Resistance 📉📈
Support: Price tends to bounce up from here
Resistance: Price often gets rejected here
Use these zones to plan entries & exits.
3. Trend Lines 📐
Uptrend = Higher highs & higher lows 🔼
Downtrend = Lower highs & lower lows 🔽
Trade with the trend, not against it.
4. Volume 🔊
High volume = Strong interest & potential breakout
Low volume = Weak moves or consolidation
5. Indicators 🧪
RSI (Relative Strength Index): Overbought above 70, oversold below 30
MACD: Helps spot momentum and trend reversals
Don’t rely on just one — combine indicators for confirmation.
🎯 Pro Tip: Master the chart, not the hype. Patience + practice = profit.
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