Crypto Charts 101: Read the Market Like a Pro 📈
New to crypto? One of the best tools in your trading toolkit is the chart—your window into market psychology, trends, and momentum. Whether you're trading ETH/SOL or another hot pair, knowing how to read charts is crucial.
🔹 Candlesticks – Each candle shows price movement over time. Green means the price went up, red means it dropped. Simple, but powerful.
🔹 Support & Resistance – Think of support as the price “floor” and resistance as the “ceiling.” Prices often bounce between the two before breaking out.
🔹 Volume – Volume tells you how strong a move is. Big price moves on low volume? Be cautious. Strong volume? That’s real interest.
🔹 Moving Averages – These smooth out price action and help identify trends. The 50-day and 200-day averages are fan favorites.
🔹 RSI & MACD – Technical indicators like RSI help you spot overbought or oversold conditions, while MACD reveals trend changes.
Understanding charts = understanding the market. Don't just guess—read the signals.
Trade smart with charts!
