What are Cryptocurrency Patterns in Bitcoin Trading?

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

What are the Common Bitcoin Crypto Currency Trading Patterns?

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

1. Reversal Candlesticks Chart Patterns

• Double tops Candle Patterns

• Double bottoms Candlestick Patterns

• Head and shoulders Candlestick Patterns

• Reverse head and shoulders Candle Patterns

2. Continuation Candlesticks Chart Patterns

• Rising triangle Candle Patterns

• Falling triangle Candle Patterns

• Bull flag/pennant Candle Patterns

• Bear flag/pennant Candlestick Patterns

3. Bilateral Candlesticks Chart Patterns

• Symmetric triangle - Consolidation Candlestick Patterns

• Rectangle - Range Candle BTCUSD Crypto Patterns

Candle Cryptocurrency Chart Patterns Bitcoin Trading

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