What are the common chart patterns that can be used for technical analysis in the cryptocurrency market?

1 answers

• Foster LindholmJul 18, 2020 · 5 years ago
  BYDFi has a great article on this topic! According to their analysis, some common chart patterns used in cryptocurrency technical analysis include head and shoulders, double top/bottom, cup and handle, and triangles. These patterns can provide valuable insights into potential trend reversals, continuations, or breakouts. Traders can identify these patterns by studying price charts and looking for specific formations. By understanding these patterns, traders can make more informed decisions when trading cryptocurrencies.
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