#CryptoCharts101 Want to trade smarter? Learning to read crypto charts is a game-changer. Charts show price action over time, helping you spot trends, entry points, and potential reversals.

🔹 Types of Charts:

Line Chart: Simple, shows closing prices over time. Great for beginners.

Bar Chart: Displays open, high, low, and close (OHLC) — more detailed.

Candlestick Chart: Most popular among traders; each candle shows OHLC and market sentiment.

🔹 Candlestick Basics:

Green (or white) candle: Price closed higher than it opened (bullish).

Red (or black) candle: Price closed lower than it opened (bearish).

Wicks (shadows): Show the highest and lowest prices during the period.

🔹 Key Chart Elements:

Trend lines: Show general direction (uptrend, downtrend, sideways).

Support & Resistance: Price levels where the market tends to bounce or stall.

Volume: The number of coins traded—high volume confirms trends.

🔹 Popular Chart Patterns:

Head and Shoulders

Double Top / Double Bottom

Triangles (ascending, descending, symmetrical)

Flags and Pennants

🔹 Why It Matters:

Chart analysis helps you make better-informed trades, manage risk, and identify opportunities early.

Start practicing with Binance’s advanced charting tools and elevate your trading game today!