#CryptoCharts101 How to read charts to avoid trading "blindly"

A chart is not just lines. It is the psychology of the market in real-time. Want to trade confidently? Start with the basics:

🔹 1. Candlesticks

Each candlestick shows:

— where the price opened (open)

— where it closed (close)

— the highest and lowest price over the period (high/low)

🟩 Green = increase

🟥 Red = decrease

⏱ Example: 1H = each candlestick represents 1 hour

🔹 2. Trend — your friend

The first thing to look for:

📈 Uptrend (higher highs and lows)

📉 Downtrend (lower highs and lows)

🔄 Flat (sideways movement — be careful, stop losses tend to get triggered there)

🔹 3. Support and resistance levels

Support: an area where the price stops falling

Resistance: where the rise “gets stuck”

These levels can be traded or watched for a breakout.

🔹 4. Volume

The larger the volume — the stronger the signal.

🔺 Price increase + high volume = possible continuation

🔻 Price increase + minimal volume = be cautious, this could be a trap

🔹 5. Fakes and manipulations

A candlestick can break through a level — and then sharply turn back. This is called a false breakout. It is important not to buy “on emotions.”