#CryptoCharts101 Master the Art of Reading the Markets ๐
New to crypto trading? Understanding charts is key to making smart moves โ not just lucky guesses.
Hereโs what every beginner should know:
Candlesticks ๐ฏ๏ธ: Each tells a story of price movement โ open, close, high, and low.
Support & Resistance ๐๐: Levels where price tends to bounce or break.
Volume ๐: Confirms momentum โ no volume, no conviction.
Moving Averages ๐ง : Smooth out noise and help spot trends.
RSI & MACD โ๏ธ: Indicators to detect overbought/oversold conditions and potential reversals.
๐ Pro tip: Always combine chart patterns with market context. No single indicator is a crystal ball.
Whether youโre hodling or scalping, knowledge is your best asset. Start decoding the data โ one candle at a time.