Master crypto charts in 5 minutes

Tired of not understanding what's happening on the chart? Here's the essentials:

Candlestick Charts - They are your best friend. They show open, close, high, and low. Green candles = bullish, red = bearish. Thick body and short shadow = conviction. If you see a candle with a small body and a long shadow down ( “Hammer” ), it may be a sign of a bounce. Long shadow up ( “Shooting Star” ) in an uptrend = beware, possible drop.

Key indicators you cannot ignore:

• SMA 50/200: When the 50-day line crosses below the 200-day line = “Death” (confirmed bearish)
• RSI: >70 = overbought (sell), <30 = bargain (buy)
• Bollinger Bands: Price hits upper band = too expensive, lower band = good entry
• Volume (OBV): Price goes up but volume goes down = weak movement, be cautious

Pro tip: Don't rely on a single indicator. Cross candles + volume + moving averages. The crypto market is wild, but with these tools, you can beat the casino.

The basics: learn to read candles, identify patterns, check with indicators, execute quickly. This way you won't miss opportunities.