There is seldom something more useful whether you are just starting with your trading journey or you are an already established trader. They have been borrowed from the technical analysis, going back to the early 1900s, and are similar patterns and terms commonly used in both the stock and Forex markets today.
The patterns described and illustrated in this article are not new. Reading chart patterns have been around for as long as trading has existed and predates the cryptocurrency market. Chart patterns are the basis of technical analysis and help traders to determine the probable future price direction. 📥 Download All Crypto Chart Patterns Here 📥Ī chart pattern is a shape within a price chart that suggests the next price move, based on past moves. These twenty trading patterns are categorized into four groupings: Although 20 patterns may sound like a lot, it’s only 10 different patterns (as the others are inverted).
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