#CryptoCharts101

📈 #CryptoCharts101 – Read the Charts Like a Pro! 🧠📊

Understanding crypto charts is your superpower in trading. Here’s a beginner’s guide:

🔹 Candlestick Charts

Each candle shows price action over a time period.

🟢 Green = Price went up

🔴 Red = Price went down

Key parts:

Open: Starting price

Close: Ending price

High/Low: Max & min prices in that time frame

🔹 Support & Resistance

📉 Support = Price floor where buying pressure steps in

📈 Resistance = Price ceiling where selling pressure kicks in

🔹 Trend Lines

Connect highs or lows to visualize direction.

📈 Uptrend = Higher highs/lows

📉 Downtrend = Lower highs/lows

🔹 Indicators

RSI (Relative Strength Index): Overbought or oversold?

MACD: Momentum shift detector

Moving Averages: Smooths out price action

🧠 Pro Tip: Combine indicators with chart patterns for stronger setups!

🚀 Start seeing what the market sees before it moves.

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