Definition of Reversal Bitcoin Chart Patterns

Reversal Crypto Patterns confirm the reversal of the btcusd trading market bitcoin trend once this reversal Bitcoin Trading cryptocurrency pattern setup is confirmed.

These reversal Bitcoin Trading cryptocurrency chart patterns are formed after extended cryptocurrency trading market trend either upward or downwards and these reversal cryptocurrency chart patterns signal that the btcusd trading market bitcoin trend is ready to reverse.

1. Reversal Bitcoin Chart Patterns

• Double Top Reversal Bitcoin Chart Patterns

• Double Bottom Reversal Bitcoin Chart Patterns

• Head & Shoulders Reversal Bitcoin Chart Patterns

• Reverse Head and Shoulders Reversal Bitcoin Chart Patterns

Double Tops

Double tops cryptocurrency chart pattern is a reversal cryptocurrency pattern that forms after an extended upwards cryptocurrency trend. As its name implies, this formation is made up of 2 consecutive peaks which are roughly equal, with a moderate trough between.

Summary:

• Double tops bitcoin pattern forms after an extended move upwards
• Double tops cryptocurrency pattern formation indicates that there will be a reversal in btcusd trading market
• We sell when bitcoin price breaks-out below neck-line: see below for the explanation.

Example of Double Tops Reversal Crypto Chart Pattern on a Crypto Chart

Double Bottom

Double bottom cryptocurrency chart pattern is a reversal cryptocurrency pattern that forms after an extended downwards cryptocurrency trend. It is made up of 2 consecutive troughs which are roughly equal, with a moderate peak between.

Summary:

• Double bottom bitcoin pattern forms after an extended move downwards
• Double bottom cryptocurrency pattern formation indicates that there will be a reversal in btcusd trading market
• We buy when bitcoin price breaks-out above the neck-line: see below for an explanation.

Example of Double Bottoms Reversal Bitcoin Chart Pattern on a Bitcoin Chart

Head and Shoulders BTCUSD Trading Pattern

Head & Shoulders cryptocurrency chart pattern is a reversal cryptocurrency chart pattern that forms after an extended Bitcoin Trading upwards cryptocurrency trend. It's made up of three consecutive peaks, the left shoulder, head & the right shoulder with two moderate troughs between the shoulders.

Summary:

• Head and Shoulders bitcoin pattern forms after an extended move upwards
• Head and Shoulders cryptocurrency pattern formation indicates that there will be a reversal in btcusd trading market
• Head and Shoulders bitcoin pattern formation resembles head with shoulders thus its name.
• To draw the neckline we use chart point 1 & point 2 as displayed below. We also extend this line in both directions.
• We sell when bitcoin price breaks-out below neck-line: see the chart below for explanation.

Example of Head & Shoulders Reversal Bitcoin Chart Pattern on a Bitcoin Chart

Reverse Head & Shoulders BTCUSD Trading Pattern

Reverse Head and Shoulders cryptocurrency pattern is a reversal head & shoulders cryptocurrency chart pattern that forms after an extended Bitcoin Trading downwards cryptocurrency trend. It resembles an upside down head shoulders.

Summary:

• Reverse Head & Shoulders bitcoin pattern forms after an extended move downwards
• Reverse Head & Shoulders cryptocurrency pattern formation indicates that there will be a reversal in btcusd trading market
• Reverse Head & Shoulders cryptocurrency chart pattern formation resembles upside down, thus the name Reverse.
• We buy when bitcoin price breaks-out above the neck-line: see the chart below for explanation.

Example of Reverse Head and Shoulders Reversal Bitcoin Chart Pattern on a Bitcoin Chart

Reversal Cryptocurrency Patterns Tutorials

Double Top Cryptocurrency Patterns and Double Bottoms Bitcoin Chart Patterns

Head and shoulders Cryptocurrency Patterns & Reverse Head & Shoulders Cryptocurrency Chart Patterns