#CryptoCharts101

Perfect — let’s dive into #CryptoCharts101, a quick-start guide to reading and understanding crypto charts like a pro.

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#CryptoCharts101: How to Read Crypto Charts Without Losing Your Mind

Crypto charts might look overwhelming at first — but once you understand the basics, they become powerful tools for better trades and smarter decisions.

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📊 1. Candlestick Charts 101

Each candlestick shows price action over a time period (1m, 1h, 1d, etc.):

Green (or white) = Price closed higher than it opened.

Red (or black) = Price closed lower than it opened.

Wicks = Highs and lows during that time.

🧠 Tip: Zoom out to higher timeframes (1D, 1W) for stronger trend signals.

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📈 2. Trendlines and Support/Resistance

Support = Price floor (where buyers tend to step in).

Resistance = Price ceiling (where sellers step in).

Drawing trendlines helps you spot upward/downward momentum.

🧠 Tip: More touches = stronger support/resistance. Fakeouts are common — don’t rely on one touch.

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