#cryptocharts101 📊 Crypto Charts 101 – Beginner’s Guide

📈 1. Candlestick Charts

Show open, high, low, and close prices for a time period.

Green (bullish) = price closed higher.

Red (bearish) = price closed lower.

🕰 2. Timeframes

Choose based on your style:

1m–15m = Scalping

1H–4H = Day trading

1D–1W = Swing/long-term

🧰 3. Key Indicators

Moving Averages (MA/EMA) – Show trend direction.

RSI (Relative Strength Index) – Overbought/oversold levels.

MACD – Momentum & trend reversal signal.

📏 4. Support & Resistance

Support = Price floor

Resistance = Price ceiling

Helps identify entry/exit zones.

🔔 5. Chart Patterns

Bullish: Cup & Handle, Double Bottom

Bearish: Head & Shoulders, Rising Wedge