#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
Having the Understanding of charts and patterns, in crypto trading is the basic and core doing crypto trading one should must understand it