What are some popular tradingview.com chart patterns that can help predict cryptocurrency price movements?

1 answers

• Farhan Hasin LufadApr 25, 2021 · 4 years ago
  As an expert at BYDFi, I can tell you that tradingview.com is a great resource for finding popular chart patterns that can help predict cryptocurrency price movements. One pattern that traders often use is the cup and handle pattern. This pattern is formed by a rounded bottom (the cup) followed by a small consolidation period (the handle). When the price breaks out above the handle, it is seen as a bullish signal. Another pattern to watch out for is the symmetrical triangle pattern, which is formed by a series of lower highs and higher lows. When the price breaks out of the triangle, it can indicate a significant price movement. These chart patterns can be powerful tools for predicting cryptocurrency price movements.
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