#CryptoCharts101
📊 **Crypto Charts 101 – Master the Basics Before the Bulls Arrive** 🚀
New to trading? Don’t worry—we’ve all been there. Let’s break down crypto charts without the boring stuff ⬇️
🔹 **Candlesticks 101:**
Each candle shows 4 key things—**Open, High, Low, Close (OHLC)**.
Green = Price went up 🟢
Red = Price dropped 🔴
🔹 **Support & Resistance:**
Think of them as **price barriers**.
Support = a floor where price tends to bounce up.
Resistance = a ceiling where price struggles to break through.
🔹 **Volume = Strength:**
Big moves with high volume? That’s a power move.
Low volume = likely fakeouts. Always watch both price *and* volume.
🔹 **Trend is Your Friend:**
Uptrend = higher highs + higher lows
Downtrend = lower highs + lower lows
Don’t trade against the trend unless you like pain 😅
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📌 Tip: Practice chart reading daily, even if you’re not trading. The more you look, the more patterns you’ll see 👀
Want a part 2 with indicators like RSI & MACD? Drop a 💬 below!