#CryptoCharts101 📊
Charts are not just price lines – they are where the market “talks” to you.
📈 I usually look for:
• Continuation patterns: Flags, triangles, cup and handle
• Reversal patterns: Head and shoulders, double bottoms/double tops
• Breakout: Price breaks through strong resistance with high volume
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🔍 How I identify trends & reversals:
• Uptrend: Higher highs, higher lows
• Reversal: RSI divergence, reversal pattern + unusual volume
• Breakout: Price exceeds important MA (MA50, MA200) with strong volume increase
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💡 A real-life example:
Last week, I saw a rising triangle pattern on BTC 4H, gradually increasing volume → entered the trade when breaking out of the $106K area → took profit at $110K 💰
Charts don’t lie – you just need to understand them.
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📌 Tips for beginners:
• Use a timeframe that matches your strategy
• Always confirm a breakout with volume
• Don’t trade just because of “feelings” – let the charts lead the way
👉 Share your perspective with #CryptoCharts101 – let's learn and progress together!