Trading Bitcoin and Cryptocurrencies: Technical Analysis of the Most Common Patterns

in #bitcoin7 years ago (edited)

Bullish Patterns (expect price to go up)

*Flag
*Pennant
*Measured move up
*Symmetrical triangle
*Ascending scallop
*3 rising valleys
*Cup with Handle
*Ascending triangle

11.png

Bearish Patterns (expect price to go down)

*Symmetric triangle
*3 descending peaks
*Descending scallop
*Descending triangle
*Flag
*Invertede Cup with handle
*Measured move down
*Pennant

12.png

Reversal Patterns

*Head and shoulders top
*Tops rectangle
*Double bottoms
*Diamond bottoms

13.png

Patterns originally were published here:

http://www.bitcointradingsites.net/technical-analysis-bitcoin-chart-patterns/

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 59993.26
ETH 2312.53
USDT 1.00
SBD 2.49