Trading charts: how to read the market before making a decision
When someone starts in the world of trading, one of the first things they encounter is a screen full of candles, lines, numbers, and seemingly chaotic movements. At first, a chart may seem complicated. However, learning to interpret it is one of the fundamental skills for anyone who wants to analyze financial markets in general. A trading chart does not predict the future. It is a visual representation of past and present price behavior, and it allows us to study trends, important levels, volatility, and possible scenarios.
[Bitcoin Educativo: #2] Why does Bitcoin go up and down so much?
The explanation I would have liked to read when I started! $BTC If you’ve only been in the world of cryptocurrencies for a short time, this has probably already happened to you. You bought Bitcoin on a Monday because everyone said it was "on its way to the Moon." Two days later you opened the app and the price had fallen by 8%. You thought you had made the worst mistake of your life. A week later it went back up... and then you asked yourself: Who really moves Bitcoin’s price? For a long time I thought there was someone out there with a button that could make the market go up or down whenever they wanted. Then I realized that reality is much more interesting.
Context: The overall background remains bearish in the medium term—the price is far below the EMA200 (0.1387), which is declining with a strong slope, reflecting the dominant trend from much higher levels (~0.19).
However, in the short term, an interesting structural shift is visible: after marking a low at ~0.098 (Sep 10), the price has been forming higher highs and higher lows, reclaiming strength and now holding above the EMA20/50/100 (0.1211 / 0.1198 / 0.1173), which have already turned upward.
The RSI is at 60.08, above its average (57.19) and in a strength zone without being overbought, confirming the bullish short-term momentum. A relevant horizontal resistance is marked by the dashed line around ~0.1300, which aligns with the prior highs area (Sep 8).
Read: This appears to be a short-term bounce/reversal within a larger bearish trend—not yet a complete structural change (the EMA200 is still far away and bearish). Looking for an entry on the pullback toward the EMA support area (0.1198-0.1211) offers a good risk/reward setup to capture the move toward the 0.1300 resistance.
$MARSCOIN / USDT – 30 Minute Analysis
Current bias: Bullish (LONG) (short-term reversal—higher highs/higher lows since the Sep 10 low, price reclaimed EMA20/50/100 which are now turning up, RSI above its MA confirming momentum)—note: still below the declining EMA200, so this is a counter-trend/swing bounce, not a full trend reversal
Context: Direct continuation of the previous analysis — the bearish thesis was strongly confirmed. Since the close below the EMAs (~1.167), price has kept falling with hardly any significant bounce, marking a low of 1.060 before slightly rebounding into the current close (1.071,28).
The structure is clearly bearish: price is below the 4 EMAs, which are now all sloping downward and acting as dynamic resistance (EMA20 at 1.100 is the closest).
The RSI (31.96) has just crossed above its average (29.42) after touching deeply oversold levels, suggesting there may be a short-term technical bounce — but the dominant trend remains bearish as long as price does not reclaim the EMA cluster.
Read: As in the previous analysis, looking for the short on the bounce toward resistance (EMA20 ~1.100) offers a better risk/reward ratio than chasing price at the current low.
$ZEC / USDT – 30 Minute Analysis
Current bias: Bearish (SHORT) (downtrend continuation confirmed — price below all EMAs, EMAs sloping down, RSI oversold bounce likely before further downside)
Click/tap here to trade👇 Risk management notes: Invalidation: a close above 1.128 (reclaiming the EMA50 at 1.145 strongly) would invalidate the bearish thesis and open room toward the upper EMA cluster.
Approx. R:R up to TP1: ~1.3:1; up to TP2: ~2.3:1 — the first TP is slightly tight; consider securing a partial there if price doesn’t show continued strength.
The RSI bounce suggests that the rebound toward the entry zone may take time or even slightly exceed 1.108 before turning — be patient with the zone; don’t chase price if it spikes strongly above 1.115. This is a technical read, not a formal financial recommendation.
Context: This chart shows a classic pump & dump pattern: the price rose in a parabolic move from ~0,000925 to a peak of ~0,002450 (increased almost x2.6 in less than 24h), and then collapsed with almost the same violence—giving back practically all the gains and returning to trade around 0,000920, very close to where the move started.
Currently, the price is trading below all 4 EMAs (20/50/100/200), which are still elevated (0,000986 / 0,001094 / 0,001146 / 0,001083) and still converging downward to "catch up" to the price—this confirms that the structure is completely bearish in the short term.
The RSI (27.70) is oversold and below its average (31.88), although the drop is already flattening, suggesting a consolidation/distribution phase rather than a vertical sell-off. Read: The broader trend is bearish after the breakout of the speculative bubble. Looking for a short on a possible bounce toward the zone of broken EMAs (now resistance) offers a better risk/reward ratio than entering a short at the current low, where a technical rebound is more likely.
$IOST / USDT – 30 Minute Analysis
Current bias: Bearish (SHORT) (post-pump distribution — price trading below all EMAs after a parabolic blow-off top and violent retracement; RSI oversold but momentum still weak)
⚠️ Risk management notes (important in this case): This is a microcap asset with a recent pump & dump history—volatility is extreme and spread/liquidity may be poor compared to BTC, ZEC, or SNDK. Position size should be significantly smaller than in more liquid pairs.
$WLD on the radar: rebound, AI and unlock in sight
Worldcoin ($WLD ) is having one of the most active weeks of the month. After a strong rebound in early September (it reached above $0.45–$0.48), the price is currently consolidating in the $0.39–$0.42 area.
Market cap is around $1.4–1.5 billion.
What’s going on?
✅ Strong AI narrative WLD continues to benefit from the “Proof of Human” story. In a world full of bots and deepfakes, biometric verification with Orb is positioning itself as a real solution. Integrations with companies and the launch of ProveKit v1 reinforce this narrative.
✅ Regulated futures Kalshi launched WLD futures in early September, opening another institutional door and creating a temporary bullish boost.
✅ September 24 unlock The next major event is the unlock of approximately 100 million WLD (around 1% of the supply).
It will be key to see how the market absorbs this selling pressure. In addition, the World Foundation raised $52.5 million in July with tokens locked for 1 year, and Eightco is still one of the largest institutional holders. Grayscale has also filed for a spot ETF (GWLD).
Polkadot $DOT votes for its own stablecoin: "dotUSD"
The proposal to create dotUSD, a native and protocol-owned stablecoin for Polkadot, has more than 97% approval on OpenGov.
It includes initial liquidity from the treasury and a design aimed at reducing dependence on USDT/USDC within the ecosystem. DOT reacted strongly to the announcement and led the gains among the “old” L1s.
Context: Significant structural change from the previous analysis. After the rally that pushed ZEC to a high of 1.284, the price formed a series of lower highs and lower lows, and in the last few hours it broke down strongly (large red candle + volume spike) below the entire cluster of EMAs (20/50/100) and even below the EMA200 (1.177), closing at 1.166,94 — the first time the price has closed below the 4 moving averages since the uptrend began.
The RSI is at 29.23, in oversold territory and far below its average (37.20). This confirms the bearish breakdown, though it also suggests a possible short-term relief bounce before the decline continues, since the move was very vertical.
Read: The structure shifted from bullish to bearish. Look for a short entry on the pullback toward the area of the broken EMAs (now resistance, ~1.177-1.200), which offers a better risk/reward ratio than chasing the price at the current low.
$ZEC / USDT – 30 Minute Analysis
Current bias: Bearish (SHORT)
(trend structure broken — price closed below all EMAs including EMA200, strong bearish volume spike, RSI oversold and below its MA confirming a momentum shift)
Invalidation: A close above 1.206 (recovering EMA50 strongly) would invalidate the bearish thesis and suggest it was only a shakeout (fakeout).
Approx. R:R up to TP1: ~1.7:1; up to TP2: ~2.4:1. Since the RSI is oversold, a technical rebound is likely before continuing lower — that’s why the entry zone is above the current price (1.166,94), waiting for that pullback instead of entering short at the recent low.
This is a technical read, not a formal financial recommendation.
Giving away a few $KITE a to everyone who comments on the quiz answer. #RedPacketMission While you comment, I’ll also be keeping an eye on these two pairs: $TUT and $BANK