Common crypto trends

 Cryptocurrency trends 2021 

Cryptocurrency trend analysis/ Crypto patterns trading

Price patterns

It appears when traders are selling and buying at certain levels. Hence price fluctuate between these levels, creating chart pattern.

Bullish trend

It means a situation within the marketplace when the worth of most currency pairs are headed upwards. Most of the traders are able to hold their cryptos and sell high as soon as the price reaches its peak.

Bearish trend

This situation is in marketplace when the worth of most currency pairs are headed downside. During this case most of traders target to sell currency to make sure they make profit.

Head & shoulders trend

Head & shoulder chart shows a baseline with three peaks, the center peak is actually the highest. This chart depicts a bullish-to-bearish trend reversal and signals that an upward trend is nearing its end.

Double bottom trend

This can be a chart pattern that occur when the underlying market moves in an exceedingly similar pattern to the letter "W" and is a signal for a bullish price movement.

Double top trend

Double top patterns are essentially the reverse of double bottom patterns. A double top has an "M" shape and indicates a bearish reversal in trend.