📊 #CryptoCharts101 : Mastering the Basics of Crypto Charts | Binance

If you're serious about crypto trading, understanding charts isn’t optional—it’s essential. Crypto charts help you read market trends, spot entry points, and make smarter trading decisions.

Here’s a quick guide to get you started:

1. Candlestick Charts 101

Candlestick charts are the most popular in crypto. Each "candle" shows four key prices over a time frame:

Open

High

Low

Close

Green means the price went up, red means it went down. Simple, right?

2. Support & Resistance

Support: A price level where buyers step in (price tends to bounce).

Resistance: A price level where sellers take profit (price tends to drop).

Use these zones to help plan your buys and sells.

3. Volume Matters

Trading volume shows how strong a move is. High volume = stronger conviction behind price movement.

4. Moving Averages (MA)

MA lines smooth out price data to show trends. The 50-day MA and 200-day MA are commonly used to spot bullish or bearish signals.

📈 Start simple, stay consistent.

Learning to read charts takes practice, but it gives you a real edge. Binance offers powerful, user-friendly charting tools to help you grow your skills.

Follow #CryptoCharts101 and Binance to level up your trading game.