#CryptoCharts101
🚨Master the Art of Reading the Market
If you’re blindly buying the dip… you’re not trading — you’re gambling.
Let’s fix that. 👇
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🕹️ CANDLES EXPLAINED
Each candle = a time frame’s battle between buyers & sellers.
• 🟢 Green: price went up
• 🔴 Red: price went down
• Wick = high/low of the period
• Body = open/close price
🧱 SUPPORT & RESISTANCE
Think of them as psychological floors and ceilings.
• Support = bounce zone
• Resistance = rejection zone
Prices often respect these levels before breaking through.
📈 TRENDLINES & PATTERNS
• Uptrend = higher highs and higher lows
• Downtrend = lower highs and lower lows
• Patterns like triangles, flags, and head & shoulders can signal breakouts or breakdowns
🔄 VOLUME CONFIRMS THE MOVE
No volume = no conviction.
Always check if price action is supported by volume surge.
📉 RSI & MACD Basics
• RSI above 70 = overbought 🛑
• RSI below 30 = oversold ✅
• MACD crossovers = momentum shifts
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🎯 Charting ≠ Crystal Ball
But with the right tools, you can spot opportunities — or avoid traps
