#CryptoCharts101
Here’s a concise 100-word overview of **#CryptoCharts101**:
**Crypto charts visualize price action and market sentiment**. Key tools include:
1. **Candlesticks**: Show open, high, low, close prices per timeframe (e.g., 1 hour/day). Green = price up; red = down.
2. **Volume Bars**: Indicate trading activity—high volume often confirms trends.
3. **Trendlines**: Connect highs/lows to identify support (price floor) or resistance (price ceiling).
4. **Indicators**:
- **RSI** (Overbought >70 / Oversold <30)
- **MACD** (Momentum shifts)
- **Bollinger Bands** (Volatility and "squeezes")
**Why it matters**: Charts reveal patterns (e.g., breakouts, reversals) but aren’t crystal balls. Pair with fundamentals, news, and risk management. Never invest based solely on charts! 📈🔍
*Always DYOR (Do Your Own Research).*