#CryptoCharts101

Understanding crypto charts is key to making smart trading decisions. Here’s a beginner-friendly breakdown:

1. Candlestick Charts: Each “candle” shows price movement over a set time (e.g., 1 hour, 1 day).

• Green candle = price went up

• Red candle = price went down

• Candles show open, close, high, and low prices.

2. Support & Resistance:

• Support = price level where buyers step in

• Resistance = level where sellers take profit

These help identify entry/exit points.

3. Volume: Indicates how much crypto is being traded. High volume = stronger trend confirmation.

4. Indicators:

• RSI (Relative Strength Index): Tells if a coin is overbought or oversold

• Moving Averages (MA): Smooths price data to show trends

Pro Tip: Don’t rely on one signal. Combine patterns, indicators, and market sentiment for better decisions. Mastering charts = smarter trades.