#CryptoCharts101 📈 #CryptoCharts101: Read the Charts. Master the Market.
Trading without understanding charts is like sailing without a compass. Here's your quick guide to the basics:
🔹 Candlestick Charts – Each candle shows the price action in a time frame:
🔸 Open
🔸 High
🔸 Low
🔸 Close (OHLC)
🟩 Green = Price went up
🟥 Red = Price went down
🔹 Support & Resistance
Support = Where price tends to stop falling 📉
Resistance = Where price tends to stop rising 📈
🔹 Volume
The power behind a move. High volume = strong trend.
🔹 Indicators to Know:
📊 RSI – Is it overbought or oversold?
📊 MACD – Spot momentum shifts
📊 Moving Averages – Smooth the noise, spot trends
---
📚 Pro Tip: Start with simple tools. Master price action before diving deep into indicators.
💬 Are you a TA pro or just getting started? Drop your favorite indicator below! 👇
#Binance #CryptoTrading #CryptoEducation #LearnCrypto 1 #DYOR #Bitcoin #Altcoins
