#CryptoCharts101
Reading Crypto Charts Like a Pro
Master these 3 chart elements:
šĀ Trend LinesĀ - Connect higher lows (uptrend) or lower highs (downtrend). Breaks signal reversals.
šÆļøĀ Candlestick PatternsĀ - Dojis = indecision; hammers = potential bottoms.
šĀ Key LevelsĀ - Identify support/resistance zones where price historically bounces/reverses.
Essential Tools:
⢠RSI (30=oversold, 70=overbought)
⢠Moving Averages (50/200 EMA for trend bias)
⢠Volume spikes confirm breakouts
Charting ā crystal ballācombine with fundamentals and macro trends. Start with higher timeframes (4H+) for cleaner signals. #CryptoCharts101