📊 #CryptoCharts101 How to read charts, even if you're not a trader
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In the world of crypto, charts are the language. To avoid feeling like you're in a higher mathematics class, it's important to know the basics:
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🔹 Candlesticks — each one shows where the price opened, where it went, and where it closed during a certain period.
🟩 Green = increase.
🟥 Red = decrease.
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🔹 Volume — the lower bars under the chart. They show how actively trading occurred. Higher volume = more interest.
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🔹 Support and resistance levels — conditional lines where the price often stops or rebounds.
The price doesn't move in a straight line — it reacts to people's psychology.
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🔹 Trend — the overall direction of movement: up, down, or sideways (flat movement).
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📈 Understanding charts = not a guarantee of profit, but a good shield against emotional decisions.
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🔍 Want more simple explanations of cryptocurrencies? Write in the comments what you would like to discuss!
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#CryptoCharts101 #CryptoBasics #CandlestickCharts #CryptoForBeginners #DYOR