Basic Chart Patterns and How to Read Them
GladBobcat
May 10
You can take this as a second part of the previous article about basics of Technical analysis. Today, I would like to show you some of the basic patterns that can appear in the graphs of cryptocurrencies. Also, you will get to know how to read them, what they mean and what they are used for. Head and shoulders pattern is considered to be one of the most reliable trend reversal patterns. This pattern is renowned for its three peaks. The one in the middle is the highest (head) and on each side ...
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