Crypto markets are crazy!
Learn how to deal with the market and start making millions 🤑🫰
From today I'm starting a daily blog, where I'll discuss about various crypto topics/technical analysis so that people get a better understanding of the market. I'll continue increasing my knowledge in the process. So let's get started!
Day 1 :-
READING CHARTS.
Understanding the supports and resistances of a chart are very important to predict the probable move of a coin. For example, here in the current chart of #BTC it is clearly evident that $BTC faced a resistance point of around 52.7k$ and now is moving down towards its support which is around 48k$. After a huge upside move there's generally an accumulation zone and from the chart, though we cannot confirm but can understand that BTC Should move in the specified range. Thus we take the trades accordingly.
This is very beginning of how to look into charts, we will continue covering different charts through this learning process.
Homework for the viewers : Comment down below the current range of $ETH , i.e the current support and resistance of #Ethereum(ETH) . People who gets it right , gets follow 👍🏻
