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Bitcoin Charts Analysis of Bitcoin Pattern Setups

Bitcoin Setups - Bitcoin Analysis Chart Setups Bitcoin Strategies

CryptoCurrency patterns are graphical representations of repeating bitcoin price action patterns that are commonly used in the btcusd market.

Bitcoin Patterns is one of the studies used in analysis to help bitcoin traders learn how to identify these repeating Setups formations.

These Patterns are important in bitcoin trading because when the btcusd market isn't heading in a particular direction it's forming a chart pattern. It is important to know these Chart patterns so as to have an idea of what might be the next move in the btcusd market.

When bitcoin price moves are drawn there are several Chart patterns that occur naturally and repeat themselves over ==22==and over again. These patterns are used by a lot of traders to predict and forecast the next price move.

Traders often study these Chart patterns to measure supply and demand forces which form the basis for bitcoin price fluctuations.

These Crypto Setups are classified into 3 various different categories:

1. Reversal BTCUSD Crypto Patterns

  • Double tops Bitcoin Chart Patterns
  • Double bottom Bitcoin ==22==SetupsPatterns
  • Head and shoulders Bitcoin Chart Patterns
  • Reverse head ==22==and shoulders Bitcoin Setups

2. Continuation Bitcoin ==22==SetupsPatterns

  • Ascending triangle Bitcoin Chart Patterns
  • Descending triangle Bitcoin Setups
  • Bull flag/pennant Bitcoin Chart Patterns
  • Bear flag/pennant Bitcoin Setups

3. Bilateral

  • Symmetric triangle - Consolidation Bitcoin Chart Patterns
  • Rectangle - Range Bitcoin ==22==SetupsPatterns

Reversal patterns - Bitcoin Chart Patterns - confirm the reversal of the btcusd market bitcoin trend once this reversal chart setup is confirmed. These Reversal Setups are formed after extended cryptocurrency trading market trend either upward or downwards and these reversal bitcoin patterns signal that the btcusd market is ready to reverse.

Continuation patterns Bitcoin Chart Patterns - are formations that set up the btcusd market for a bitcoin trend continuation movement in the direction of the previous Bitcoin trend. These Continuation Setups are formed when the btcusd market is taking a break before continuing heading in the same direction of the previous Bitcoin trend.

Consolidation patterns Bitcoin Chart Patterns - form when the bitcoin crypto market is taking a pause/break before deciding which is the next direction to take. When these Consolidation Setups are formed - the btcusd market is trying to decide what direction to trade.

Technical Bitcoin Chart Analysis of Bitcoin Chart Patterns

There are 2 different types of bitcoin crypto chart analysis, these two may seem similar but aren't: the 2 are:

  • BTCUSD Setups - Study of a series of candlesticks formations

(This learn bitcoin trading tutorial is about the second option above - Bitcoin Setups)

The different lessons for these 2 types analysis are:

Japanese Bitcoin Candles

Bitcoin Setups Tutorials

The exemplifications shown below also show the difference of the arrangements of these two analysis methods.

Candles Patterns - Study of a single candlestick

Japanese Bitcoin Candle Patterns in Bitcoin - Charts Analysis of BTC/USD ==22==CryptoCryptoCurrency Chart Setups

BTCUSD Patterns - Study of a series of bitcoin candle s

Example of a Consolidation Chart Setups - Charts Analysis of BTC/USD Crypto Pattern Setups

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