🎯 #CryptoCharts101 #Write2Earn

👀 Reading charts isn’t about predicting the future—it’s about stacking the odds in your favor.

Let’s decode the basics with real-world flavor👇

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📈 1. Support & Resistance

📍Think of these as the floor and ceiling of price action.

Support = where price tends to bounce

Resistance = where price often rejects

🧠 Example:

BTC bounces off $25k multiple times? That’s strong support.

Can’t break $31k? That’s your resistance.

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🔄 2. Trendlines

Price moves in trends—not straight lines.

Uptrend = higher highs, higher lows 📈

Downtrend = lower highs, lower lows 📉

🧠 Example:

Draw a line connecting BTC's rising lows = riding the trend 🚀

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💥 3. Breakouts & Fakeouts

A candle breaks above resistance—but is it real?

Breakout = strong volume confirms it

Fakeout = price snaps back inside 😬

🧠 Example:

ETH breaks $2k with high volume → breakout.

Low volume + quick drop = trap! 🪤

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📉 4. Candlestick Patterns

Doji = indecision

Hammer = potential reversal

Engulfing = strong reversal signal

🧠 Example:

After a downtrend, a bullish hammer may hint at bounce incoming 🔨

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📊 5. Volume Matters

Volume = fuel for price moves.

Rising price + rising volume = strong trend

Rising price + low volume = weak move 😒

🧠 Tip: Don’t trust the breakout if the crowd didn’t show up (volume).

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💡 The Chart is a Language

It won’t scream BUY or SELL—but if you learn to read it,

it whispers the truth.

🧭 Want to win? Learn to listen to the market, not your emotions.