Charts look like random squiggles — until you learn 4 simple concepts. Here's the beginner crash course.
Each candle shows 4 prices: open, high, low, close. Green = price rose (buyers won). Red = price fell (sellers won). Long wicks signal rejection and possible reversals.
Support = a price floor where buyers step in. Resistance = a ceiling where sellers appear. Buy near support, take profit near resistance. The #1 concept in charts.
Price above the 200-day moving average = bull market. Below = bear market. It's the single most-watched line in crypto. BTC is currently above it at $63,500.
A breakout on HIGH volume is real. A breakout on LOW volume usually fails. Always check volume before trusting any move. No single indicator works alone — use several together.
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