#CryptoCharts101 Read the Charts or Get Played by Them
You don’t need to be a full-time analyst to read crypto charts, but ignoring them? That’s how people buy tops and sell bottoms.
Here’s what you should actually be looking at:
– Support & Resistance: Price often respects key levels. Know where the walls are.
– Volume: Big volume = big moves. Low volume = weak conviction.
– RSI: If it’s over 70, might be overheated. Under 30? Maybe oversold.
– Trendlines: Connect the dots. Higher highs = bullish. Lower lows = bearish.
– Candlesticks: Don’t ignore them. Wicks tell stories.
Never enter a trade just because “it looks like it’s going up.” Zoom out. Use charts. Time your moves.