#CryptoCharts101
๐ CryptoChart101 โ Master the Basics of Chart Reading!
Want to understand the market like a pro? Start with the basics of crypto charts:
๐น Candlestick Patterns
Each candle shows price movement within a time frame
๐ข Green = Price went up
๐ด Red = Price went down
๐น Support & Resistance
Support = Price level where buying starts (a floor)
Resistance = Level where selling increases (a ceiling)
๐น Trendlines
Drawn to identify the direction โ uptrend ๐ or downtrend ๐
๐น Volume
More volume = stronger price movement = higher reliability
๐น Indicators (Optional but powerful!)
Use tools like RSI, MACD, and Moving Averages for confirmation
๐ก Learning to read charts is the first step to becoming a confident trader!