🚫 Buying Every Dip Without a Plan? That’s Not Trading — That’s Just Guessing.
Let’s level up.👇
#📊 Charting Basics 101: Read the Market Like a Pro
🕯️ Candle 101 – Every Bar Tells a Story
Here’s what candlesticks reveal:
• 🟢 Green = Buyers dominated (price closed above open)
• 🔴 Red = Sellers led (price closed below open)
• Wicks = Price extremes (highs/lows during the session)
• Body = The real action (open closed
---
🧱 Support & Resistance – The Market’s Natural Barriers
• Support = Where price tends to bounce (demand kicks in)
• Resistance = Where price often stalls or reverses (supply zone)
💡 These levels matter — until they break. Stay alert.
---
📐 Trendlines & Chart Patterns – Your Market GPS
• 📈 Uptrend = Higher highs + higher lows
• 📉 Downtrend = Lower highs + lower lows
• ⚠️ Patterns (flags, triangles, head & shoulders) = Breakouts or traps
---
🔊 Volume – The Market’s Lie Detector
No volume? No strength.
Confirm your moves by watching volume spikes alongside price action.
---
🧠 RSI & MACD – Simple Momentum Tools
• RSI above 70 = Likely overbought 🛑
• RSI below 30 = Possibly oversold ✅
• MACD crossovers = Clues of trend changes
---
🔥 Pro Tip:
Charts won’t predict the future — but with the right tools, you’ll trade with insight, not luck.
---
📌 Hit follow for more real, no-hype trading tips.
#CryptoCharts101 #SmartTrading #MarketBasics #TechnicalAnalysis