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Crypto Trading Patterns Guide

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381 views5 pages

Crypto Trading Patterns Guide

Uploaded by

tejas007464
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Cryptocurrency Chart Patterns & Analysis

Head and Shoulders

A reversal pattern signaling a trend change, characterized by three peaks: a higher middle peak

(head) and two lower side peaks (shoulders).

Double Top

A bearish reversal pattern with two peaks at similar levels, indicating a potential downtrend.
Ascending Triangle

A bullish continuation pattern with rising support levels and a flat resistance line.

Descending Triangle

A bearish continuation pattern with a flat support line and falling resistance levels.
Cup and Handle

A bullish continuation pattern resembling a teacup, where the handle signifies a short consolidation

before breakout.

Flags and Pennants


Short-term continuation patterns that appear after a sharp price movement, indicating consolidation

before resuming the trend.

Wedges

Wedge patterns indicate tightening price movements; they can signify either continuation or reversal

trends.
Support and Resistance

Key price levels where demand and supply cause prices to reverse or pause.

Moving Averages Crossovers

An indicator of trend direction; bullish when shorter MA crosses above longer MA, and bearish when

it crosses below.

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