#CryptoCharts101 CryptoCharts101: Understanding the Basics ๐ง ๐
New to crypto trading? Start with the foundation: Reading the charts. Hereโs a quick breakdown:
๐น Candlesticks โ Each โcandleโ shows price movement over time.
๐ธ Green = Price up | Red = Price down
๐น Key parts:
โ- Open ๐ข
โ- Close ๐ด
โ- High ๐
โ- Low ๐
๐งฉ Timeframes โ 1m, 15m, 1H, 4H, 1D
Short-term = fast moves โก
Long-term = clearer trends ๐งญ
๐ฅ Support & Resistance
โข Support = Price floor
โข Resistance = Price ceiling
Master these to time your entries like a pro.
๐ Coming up next: RSI, MACD, and volume tricks to boost your edge.