How to read the price simply?
(The next step after knowing how to buy)
After we learned: ✔️ What are cryptocurrencies
✔️ How to buy (Market & Limit)
We now come to the most important question for beginners:
👉 Is this price suitable for buying or not?
🔍 Reading the price without complication:
1️⃣ Look at the current price
It is the last price at which a transaction occurred, no more and no less.
2️⃣ Monitor the previous movement
Was the price lower then it went up?
Or was it higher then it went down?
👉 The movement tells the story of the market.
3️⃣ Support and resistance (simply)
Support: A price that tends to stop falling at.
Resistance: A price that is hard to surpass upwards.
📌 We don’t need complex charts, just observation.
4️⃣ Don’t chase the price
If you see the price running strongly ⛔
Remember: opportunities don’t end, but recklessness is costly.
✨ Summary:
Read the price like a heartbeat… not like an equation.
Understanding precedes profit, and patience is the first professional skill.
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