What are Cryptocurrency Chart Patterns in Bitcoin Trading?

Chart patterns in bitcoin trading are commonly occurring repeating patterns that form on bitcoin trading price charts and these cryptocurrency chart patterns are used to analyze the bitcoin trading price movement so as to attempt to predict the next direction of bitcoin trading price based on the study of these commonly repeating cryptocurrency chart patterns.

What are the Common BTCUSD Trading Patterns?

The common Bitcoin Chart patterns are classified into Three different categories:

1. Reversal Crypto Candlesticks Chart Patterns

• Double tops Crypto Candlestick Patterns

• Double bottoms Crypto Candlestick Patterns

• Head and shoulders Crypto Candlestick Patterns

• Reverse head & shoulders Crypto Candlestick Patterns

2. Continuation Crypto Candlesticks Chart Patterns

• Ascending triangle Crypto Candlestick Patterns

• Descending triangle Crypto Candlestick Patterns

• Bull flag/pennant Crypto Candlestick Patterns

• Bear flag/pennant Crypto Candlestick Patterns

3. Bilateral Crypto Candlesticks Chart Patterns

• Symmetric triangle - Consolidation Crypto Candlestick Patterns

• Rectangle - Range Candle Bitcoin Chart Patterns

Candle Stick Cryptocurrency Chart Patterns Bitcoin Trading