#CryptoCharts101 ๐๐
Ever stared at a crypto chart and thought, โWhat am I looking at?โ Youโre not alone. Understanding charts is a game-changer for smarter trading.
Here are some basics to get you started:
๐ Candlesticks โ Show price movement over time
๐ Support & Resistance โ Key zones where price tends to bounce or stall
๐ Trends โ Identify whether the market is bullish ๐ or bearish ๐
๐ Volume โ Measures strength behind a move
๐ Indicators โ Like RSI, MACD & Moving Averages, help spot entries/exits
But charts arenโt magicโcontext matters. Pair them with news, sentiment, and proper risk management.
๐ Want to improve your chart-reading skills?
๐ฌ Drop โ๐โ if youโre learning, or โ๐ง โ if youโve mastered the basics.
๐ Save this for your next trade & tag a fellow crypto enthusiast!
Letโs decode the charts together. ๐๐ธ