How to read a price chart

Each candle covers a fixed time: 1 minute, 5 minutes, 15 minutes and so on. Start on a longer timeframe to see the overall direction, then zoom in to time an idea. If the 15m and 5m agree, the picture is clearer.

Higher highs and higher lows mean an uptrend. Lower highs and lower lows mean a downtrend. Choppy, overlapping candles mean a range with no clear side.

Support is a price where falls have stopped before; resistance is where rises have stalled. Price often reacts near these lines. A clean break with volume can turn old resistance into new support.

Volume shows how much traded in each candle. Moves on rising volume are more convincing; moves on thin volume fade more easily.

Moving averages (like MA10 or EMA21) smooth price. Price above a rising average points up; below a falling one points down.

Bollinger Bands widen when price swings more and narrow when it calms down.

VWAP is the average price weighted by volume. Price above it means buyers have paid up on average.

RSI runs from 0 to 100. Above 70 is often called overbought, below 30 oversold.

Look at the last few candles near your support or resistance lines. Patterns like a hammer or engulfing candle there tell you how buyers and sellers reacted. See the candlestick patterns cheat sheet.

For a 15-minute prediction such as a Kalshi BTC round, the key question is whether price will finish above or below a target. Watch how far price is from the target, the time left, and whether short-term candles are pushing toward or away from it.