Reading the chart
Trend, levels, volume, candles and patterns — with an honest look at what in technical analysis works and what is simply repeated out of tradition.
7 lessons · 54 min
Who this course is for
For anyone who looks at a chart and cannot find anything to hold on to. After this course you read the state of the market before hunting for an entry, you find levels that others see too, and you can tell a construction with a reason to work from a pretty picture.
- 1Market state: trend, range, and why this comes first6 minThe same entry wins in a trend and loses in a range. Before hunting for a signal you must answer which market you are in.
- 2Levels: why price stops where it stops9 minA level is not the line you drew but a price where other people's orders are sitting. Everything follows from that: how to find them, why every touch makes a level weaker, and why three lines beat twenty.
- 3Volume: what it confirms and what it does not8 minVolume does not show who won — every trade has both a buyer and a seller. It shows how many people cared, and it can only be compared with the instrument's own norm.
- 4Candles: the shape records a fight, it does not predict the next one7 minThree shapes out of the whole candlestick zoo have a mechanical explanation. And none of them means anything until you answer WHERE it appeared.
- 5Indicators: they know nothing beyond what is already on the chart8 minAny indicator is a formula over the same price and volume you already see. There is no new information in it; it is useful in exactly two ways, and both are worth knowing in advance.
- 6Patterns: some have a mechanism, others only a name8 minBehind triangles and flags stands a measurable thing — volatility compressing before it expands. Behind most other patterns stands only tradition and the eye's talent for seeing faces in clouds.
- 7Three scales: assembling everything you have read into one decision8 minThe same chart contradicts itself across scales — and that is not a contradiction but a division of labour. Each scale has its own job, and substituting one for another is the most expensive mistake of all.
Right now
| Coin | Value | Details |
|---|---|---|
| RIOA | 33.98% | $17.5M |
| ALPHAX | 32.82% | $5.9M |
| DEVERSE | 20.33% | $7.2M |
| MUSEBOOK | 19.02% | $9.8M |
| AURORA | 17.88% | $16.8M |
| MUBARAK | 9.50% | $1,554.1M |
| 龙虾 | 7.65% | $244.8M |
| DRIFT | 7.52% | $72.2M |
Live numbers from our own table — the very ones this course is about. They update with the market.