What are CryptoCurrency Patterns in Bitcoin Trading?

Bitcoin trading often involves chart patterns that frequently appear on price charts. These crypto chart formations are utilized for analyzing and understanding bitcoin price movements with the aim of predicting future price directions, based on the study of these recurring patterns. What are the common BTCUSD crypto patterns?

The common Bitcoin Chart patterns are classified in to 3 various different categories:

1. Reversal Candlesticks Setups

• Double tops Candlestick Patterns

• Double bottoms Candle Patterns

• Head & shoulders Candlestick Patterns

• Reverse head & shoulders Candle Patterns

2. Continuation Candlesticks Chart Patterns

• Rising triangle Candlestick Patterns

• Falling triangle Candlestick Patterns

• Bull flag/pennant Candle Patterns

• Bear flag/pennant Candle Patterns

3. Bilateral Candlesticks Setups

• Symmetric triangle - Consolidation Candlestick Patterns

• Rectangle - Range Candle BTCUSD CryptoCurrency Patterns

Candle Crypto Setups Bitcoin Trading

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