How to Identify Reversals in Crypto Price Trends
To determine is a bitcoin trend has reversed bitcoin traders will use reversal bitcoin trading patterns and reversal candlesticks patterns.
Once these reversal cryptocurrency patterns and reversal candles form on the crypto charts traders will wait for these reversal bitcoin patterns to be confirmed & once these reversal bitcoin patterns are confirmed then the bitcoin trend will be interpreted to have reversed.
If these reversal cryptocurrency chart patterns are not confirmed then what it means is that the current cryptocurrency trading market trend is still intact and the bitcoin prices might continue moving in the same direction as that of the cryptocurrency trend.
Bitcoin traders should wait until a reversal cryptocurrency signal is confirmed so that to determine that the bitcoin trend reversal has been completed. Once the bitcoin trading reversal cryptocurrency signal is confirmed on the cryptocurrency chart traders can then open cryptocurrency trades based on this cryptocurrency trend reversal signal.
Reversal Candles Patterns are:
Japanese Candles
Reversal Cryptocurrency Chart Patterns are:
Bitcoin Patterns Tutorials