#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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