📊 A guide to basic chart settings and technical indicators

Before engaging in cryptocurrency trading or market analysis, learning how to correctly set up charts and understand commonly used technical indicators is a very important step.
Reasonable chart settings can help you judge trends more clearly and reduce emotional trading.

📈 1. Basic chart settings (Candlestick chart)

In most trading platforms, candlestick charts are the most commonly used price display method.

Common time periods include:

  • 5 minutes / 15 minutes: Suitable for short-term observation

  • 1 hour / 4 hours: Suitable for swing analysis

  • Daily (1D): Suitable for medium to long-term trend judgments

👉 Beginners are advised to start from 1 hour or daily charts to avoid being disturbed by short-term fluctuations.

📉 2. Common moving average indicators (MA)

Moving averages are one of the most basic and important technical indicators.

Common settings:

  • MA7 / MA25: Short-term trend

  • MA60 / MA99: Medium-term trend

  • MA200: Long-term trend reference

Generally speaking:

  • Price above the moving average → Bullish structure

  • Price below the moving average → Bearish structure

📌 Moving averages are more used to judge trend direction, rather than precise buy and sell points.

📊 3. Common auxiliary indicators (Technical indicators)

🔹 RSI (Relative Strength Index)
Used to determine whether the market is in overbought or oversold conditions.

  • RSI > 70: Possibly overbought

  • RSI < 30: Possibly oversold

🔹 MACD
Used to observe trend strength and bull-bear transitions.
Common usage is to focus on golden crosses, death crosses, and changes in histogram.

🔹 Volume
Volume is an important basis for judging the authenticity of the market.

  • Significant increase: The trend is more reliable

  • Consolidation with low volume: May be in a wait-and-see or accumulation phase

📌 Price trend + Volume is usually more valuable than a single indicator.

⚠️ 4. Common misconceptions for beginners

  • The more indicators added, the better ❌

  • Only looking at indicators, not trends ❌

  • Frequent switching of periods leads to confusion in judgments ❌

👉 Technical indicators are auxiliary tools, not a 'universal formula for predicting the future'.

🎯 5. Simple and practical suggestions

For beginners, you can start with:

  • Candlestick chart

  • Moving average (MA)

  • RSI or Volume

Keeping the chart simple and gradually building your own analysis logic is more important than pursuing complex indicators.

📌 One-sentence summary

The core purpose of chart settings and technical indicators is not to make you 'right every time',
but to help you make more rational and disciplined judgments in the market.