#CryptoCharts101
📊 **CryptoCharts 101: Read the Market Like a Pro** 🔍🚀
Ready to decode the chaos? Welcome to **CryptoCharts 101** — where green candles, red wicks, and trend lines tell powerful stories. 📈
Here’s your quick-start guide:
🕯️ **Candlesticks** – Each “candle” shows price movement within a set time (1m, 1h, 1d).
Green = price went up. Red = price went down. The wicks? They show the highs and lows.
📈 **Support & Resistance** – Think of support as the “floor” and resistance as the “ceiling.” When price breaks out, big moves often follow.
📉 **Volume** – Volume confirms strength. High volume = strong trend. Low volume? Maybe a fakeout.
🔁 **Moving Averages (MA)** – MAs smooth out noise.
Use the **50 MA** or **200 MA** to spot long-term trends.
⚠️ **RSI & MACD** – These indicators help spot overbought/oversold zones and momentum shifts.