Trade Bitcoin Trading

How Many Pattern Setups are There?

The 3 main types of chart patterns used by bitcoin traders are

1. Reversal Bitcoin Patterns

  • Double Top BTCUSD Patterns
  • Double Bottom BTCUSD CryptoCurrency Crypto Currency Patterns
  • Head and Shoulders Bitcoin Patterns
  • Reverse Head and Shoulders Bitcoin Patterns

Reversal Setups serve to confirm the change in direction of the prevailing Bitcoin cryptocurrency trend once these specific Bitcoin cryptocurrency patterns have been established. These reversal patterns materialize following an extended market trend, whether upwards or downwards, and their appearance signals that the BTC/USD Bitcoin market trend is on the verge of shifting and reversing its course.

2. Continuation Bitcoin Patterns

  • Rising Triangle BTCUSD Patterns
  • Falling Triangle BTCUSD Crypto Patterns
  • Bull Pennant/Flag Bitcoin Patterns
  • Bear Flag/Pennant Bitcoin Patterns

Continuation patterns in Bitcoin prime the BTCUSD market for more moves in the same direction. They form during pauses in the trend. Then the market picks up where it left off.

3. Bilateral Bitcoin Patterns

  • Symmetric Triangle - Consolidation Bitcoin Patterns
  • Rectangle - Range Bitcoin Patterns

Consolidation BTCUSD Patterns form when the btcusd cryptocurrency market is taking a pause/break before making a decision which is the next direction to take. When these consolidation BTCUSD chart patterns are formed the btcusd market is trying to make a decision which direction to trade.

Bitcoin Patterns Explained Lesson

This easy guide explains the 3 kinds of cryptocurrency patterns used in trading that lasts for a day or happens very quickly.

Check the bitcoin tutorial below for chart patterns. It covers examples, how to spot them, read them, and trade them in bitcoin.

Reversal Patterns Guides

Bitcoin Patterns, Double Bottoms, and Double Top Patterns

Head and shoulders patterns plus inverse versions.

Continuation Patterns Guides

Continuation BTC USD Crypto Patterns

Consolidation Patterns Guides

Analysis of Consolidation Chart Formations

Bitcoin Patterns - Patterns Explained PDF Tutorial

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