#CryptoCharts101

๐Ÿ“ˆ CryptoChart101 โ€“ Master the Basics of Chart Reading!

Want to understand the market like a pro? Start with the basics of crypto charts:

๐Ÿ”น Candlestick Patterns

Each candle shows price movement within a time frame

๐ŸŸข Green = Price went up

๐Ÿ”ด Red = Price went down

๐Ÿ”น Support & Resistance

Support = Price level where buying starts (a floor)

Resistance = Level where selling increases (a ceiling)

๐Ÿ”น Trendlines

Drawn to identify the direction โ€” uptrend ๐Ÿ“ˆ or downtrend ๐Ÿ“‰

๐Ÿ”น Volume

More volume = stronger price movement = higher reliability

๐Ÿ”น Indicators (Optional but powerful!)

Use tools like RSI, MACD, and Moving Averages for confirmation

๐Ÿ’ก Learning to read charts is the first step to becoming a confident trader!