#CryptoCharts101 — want to dive into the basics of reading crypto charts, or are you looking for something more advanced like technical indicators, candlestick patterns, or trading strategies?
Let me know what you're aiming for, and I can break it down step by step. Here’s a quick preview of what “Crypto Charts 101” might include:
---
🪙 Crypto Charts 101: The Essentials
1. Types of Charts
Line Chart – Simple, shows price over time.
Candlestick Chart – Most popular; shows open, high, low, close (OHLC).
Bar Chart – Similar to candlesticks, less visual flair.
2. Candlestick Anatomy
Body – Open to close range.
Wick (Shadow) – Highs and lows of the time period.
Colors – Green (price up), Red (price down).
3. Timeframes
1min, 5min, 1hr, 4hr, 1D, 1W — zoom in or out to spot trends vs. short-term action.
4. Basic Indicators
Moving Averages (MA) – Show trends over time.
RSI (Relative Strength Index) – Measures overbought/oversold conditions.
MACD – Momentum + trend-following indicator.
5. Chart Patterns
Bullish Patterns: Cup & Handle, Ascending Triangle
Bearish Patterns: Head & Shoulders, Descending Triangle
---
Would you like a visual cheat sheet, a beginner’s guide, or maybe a tutorial on how to read TradingView charts?