#CryptoCharts101
If you're trading Ethereum without understanding its chart, you're basically gambling. One key lesson I’ve learned is to always identify the support and resistance zones. Ethereum tends to bounce around these levels, and recognizing them can help you make smarter entries and exits.
For example, when ETH dropped to a key support level at $1,600 recently, the RSI was oversold—signaling a potential bounce. Those who spotted the pattern got in early before it rallied. 📈
Another useful tool? The 200-day moving average. If ETH is trading above it, the trend is likely bullish; if below, it could signal a downtrend. Simple indicators like these make a big difference in decision-making.
Don’t just stare at the price—read the story the chart is telling.
🧠 Learn the patterns, ride the trend.
