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Crypto Trading 101: Simple Charting Patterns Explained – CoinDesk

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10:26 AM

In the world of crypto trading, recognizing patterns can yield more than insights.

Conclusion

Remember, patterns are best used in conjunction with other indicators to add layers of confirmation to your analysis.

They are a formidable tool to add to your trader’s kit so use them wisely and knuckle down for a hard study. Indeed, charting patterns are generally best used in conjunction with other technical tools such as the Stochastic Oscillator to help judge the momentum of a trend and candlestick analysis to determine an assets current price action.

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