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Read the whole chart

Reading the chart · trend · support & resistance

Once a single candle makes sense, the next step is stringing a run of them together and reading the whole chart. This section teaches you to draw the two lines that matter — support and resistance — plus how to read volume, tell an uptrend from a downtrend from a range, whether moving averages are worth your time, and finally how to do it all on Binance.

The first two sections are about reading "one candle" and "a few candles." Here you step back and read the whole chart. At its core, reading a chart comes down to four things: where price keeps getting rejected or caught (support and resistance), whether this stretch is heading up, heading down, or going nowhere (the trend), how much real conviction is behind each move (volume), and whether a helper line like a moving average is worth adding. This section is for people who can already read a single candle and want to assemble the parts into a whole. If you're brand new, work through the candlestick basics first — talking about trend before you can read one candle is a bit hollow.

For order, we strongly suggest starting with how to find support and resistance — it's the foundation of this section and the first pair of lines every beginner should learn to draw; pair it with the support/resistance drawing tool to practice. Once you can draw them, move on to reading the trend, so you can tell an uptrend, a downtrend, and a range apart instead of using one posture for every market; when you're unsure, run down the trend self-check. With the trend clear, add reading volume to understand why price is more believable when volume backs it up. Whether to use moving averages explains this much-mythologized tool: how it actually works and how far to trust it. Finish everything and land on reading charts on Binance, where you put it all into practice on the web and in the app.

Why learn support and resistance first, then trend, and only then moving averages? Because it's a path from "visible" to "inferred." Support and resistance are levels price has drawn for itself, over and over, through its own actions — a price that keeps getting rejected or caught really did happen, so it's the most objective thing and the one to master first. A trend is the generalization you make after connecting those highs and lows — one more layer of judgment — so it comes second. A moving average and its cousins are a line calculated from the last few closes: at heart, "drawing what you've already seen a different way." It can make direction easier on the eye, but it can't replace the first two, and you certainly shouldn't expect it to hand you entries and exits. Learn in this order — from concrete to abstract — and you'll feel the weight of each tool: trust what the chart itself says first, then your own read, and indicators last — rather than the other way around, letting a golden-cross line lead you by the nose.

A trap beginners fall into constantly

Treating support and resistance as an exact "iron line" down to the cent, certain that price will bounce or stall the instant it touches. In reality they behave more like a band, a zone: price wobbling nearby, faking a break and then reacting, is completely normal. Draw it as a hairline and you'll panic-trade the moment price nudges through by a fraction. Same with the trend — it isn't valid forever just because you drew it; trends run out and reverse. What we want you to take from this section isn't a few pretty lines, but the habit of "first decide what kind of market this is, then choose how to read it." Don't chase breakouts in a range, and don't guess tops and bottoms every day inside an obvious trend.

WickRead is an independent chart-reading site, not affiliated with Binance. Check the service is available in your region. This section is for education only; it is not investment advice and gives no buy or sell signals. Crypto is volatile and trading carries risk — judge for yourself and check the rules where you live.