#CryptoCharts101
š #CryptoCharts101 ā Master the Art of Chart Reading
Timing your trades? It all starts with understanding the charts.
Knowing how to read patterns, trends, and indicators can help you enter before the breakoutāand exit before the dump.
š Hereās what I focus on:
š Chart Patterns
ā Cup & Handle ā
ā Head & Shoulders š¤
ā Flags, Wedges, and Triangles š
These arenāt just shapes ā they signal real price action.
š Spotting Trends & Reversals
ā EMAs and MACD for trend confirmation
ā RSI for potential reversals or overbought/oversold zones
š„ Identifying Breakouts
ā Watch volume! Real breakouts come with volume spikes
ā I set alerts at key resistance/support levels
ā How Chart Reading Helped Me:
ā Avoided a fake breakout by checking volume
ā Caught a clean entry after a bullish retest
ā Exited early thanks to divergence on RSI
š Want to earn Binance points?
šÆ Post your own #CryptoCharts101 insights via the ā+ā on the app homepage > Task Center!