#CryptoCharts101
📊 The cryptocurrency price chart is not just a “zigzag” – it is the market psychology encoded!
#CryptoCharts101
If you are trading $BTC, $ETH, or any altcoin, knowing how to read charts is a crucial skill.
You don’t need to become a technical analysis expert – just understanding the basics puts you ahead of 80% of the market.
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🧠 3 basic factors in price charts you need to know:
🔹 Candlestick:
– Green candle = price up, red candle = price down
– Candle wick shows the area of struggle between buying & selling
– Long candle = strong volatility
🔹 Timeframe:
– 1m, 5m, 1h → for scalpers
– 4h, D1 → for swing traders
– Weekly, monthly → for holders & long-term trend analysis
🔹 Volume:
– Increasing volume with rising price = strong signal
– Weak volume = price is easily manipulated
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📈 Some familiar price patterns:
✔️ Trendline
✔️ Support – resistance
✔️ Head & Shoulders, Double Top/Bottom
✔️ Bullish flag, Ascending triangle...
👉 These patterns help you identify buy, sell, stop-loss, or take profit points more effectively.
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🎯 For beginners:
🔰 Use TradingView to view in-depth charts
🔰 Start with BTC/USDT – easy to read, high liquidity
🔰 Always set a stop-loss – no chart is 100% accurate
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💡 "Charts do not show you the future – but they help you read the present."
Follow the series #CryptoCharts101 to learn more about each pattern, analysis tips, and practical skills!
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