#CryptoCharts101 📊 The chart is not magic, it's the language of the market
#CryptoCharts101 #BinanceFeed #TradingBasics #CryptoEducation
Cryptographic is your main tool. Without it, trading is like playing in the dark. Here are the basics you should know:
1️⃣ Candlesticks: Each candle shows the battle between buyers and sellers. A long tail at the bottom = buyer pressure.
2️⃣ Volume: Price without volume is an empty movement. If the price is rising while the volume is falling — be cautious.
3️⃣ Support/Resistance levels: These are zones where the price stops or reverses. Everyone sees them — and acts accordingly.
4️⃣ Trend is your friend: Don't go against the market. If the chart shows an upward channel — don't look for shorts.
5️⃣ Indicators are like spices: RSI, MACD, MA — useful, but don't overdo it.
The chart is not a prediction. It's a tool for decision-making. Learn to read it — and the market will speak to you. 📈