#CryptoCharts101

📈 #CryptoCharts101 – If you can't read this, you shouldn't be trading.

(A candle can tell you more than a thousand “bullish news”).

🔥 Learn to read the language of the market: JAPANESE CANDLES.

Here’s the breakdown that no one explained well:

1. Real body:

🔴 Red = drop, 🟢 Green = rise.

The larger the body, the more intense the battle.

2. Shadows/wicks:

The part that the price tried to reach but didn't hold.

🔺 Long upper wick = rejection of high prices.

🔻 Long lower wick = strong buyer defense.

3. Doji = indecision.

It appears when the market is uncertain. If you see it at a strong resistance... get ready for the reversal.

4. Hammer and Hanging man 🪓:

Hammer (long lower wick) = bullish reversal signal.

Hanging man (same shape, but in an uptrend) = possible drop.

Same shape, different context = different message.

5. Engulfing:

When a large candle “swallows” the previous one, it can indicate a strong reversal.

🟢 Bullish if it appears at the bottom. 🔴 Bearish if it appears at the top.

🔍 Elite advice:

Don't look at 1-minute candles to make swing decisions.

The time frame changes the meaning. A hammer on 1D is not the same as on 5M.

📌 Moral:

Don't trade by intuition. Trade by interpretation.

The chart doesn’t lie. You just need to know how to read it.