#CryptoCharts101 Understand the charts before clicking on “buy”

You don’t need to be a professional analyst, but knowing how to read charts is essential for making good decisions in crypto trading.

🔍 Here are the basics that every trader needs to master:

1. Candlesticks:

Show the price movement within a period (open, close, high, and low).

2. Support and resistance:

Levels where the price tends to stop, retrace, or break through. They are the foundation of technical analysis.

3. Trend:

Is the chart going up (bullish), down (bearish), or moving sideways (range)? This changes the entire strategy.

4. Volume:

Measures the strength behind the movements. High without volume? It could be a trap.