📈 BUYING PATTERNS (BULLISH)

1. Double Bottom

🔸 Indicates a possible trend change from bearish to bullish.

🔸 The price falls twice to the same level and bounces back.

🔸 Confirmation when it breaks the resistance between the two lows.

2. Inverse Head and Shoulders

🔸 Bullish reversal pattern.

🔸 Three valleys: the middle one is the deepest.

🔸 Buy when it breaks the "neckline" upwards.

3. Bull Flag

🔸 After a significant rise, the price consolidates in a descending channel.

🔸 Entry when it breaks that channel upwards with volume.

4. Hammer

🔸 Candle with a small body and a long lower wick.

🔸 Appears after a drop. Indicates that buyers are coming in.

🔸 Confirm with volume or the following green candle.

5. Moving Average Crossover

🔸 When the fast moving average (e.g. 50) crosses above the slow one (e.g. 200).

🔸 Called "Golden Cross", and it is a strong buy signal.

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📉 SELLING PATTERNS (BEARISH)

1. Double Top

🔸 Indicates a possible trend change from bullish to bearish.

🔸 The price forms two peaks at a similar level and then falls.

🔸 Confirm when it breaks the support between the peaks.

2. Head and Shoulders (H&S)

🔸 Bearish reversal pattern.

🔸 Three peaks, the middle one is the highest.

🔸 Sell when it breaks the neckline downwards.

3. Bear Flag

🔸 After a significant drop, the price consolidates in an ascending channel.

🔸 Short entry when it breaks that channel downwards with volume.

4. Shooting Star

🔸 Candle with a small body and a long upper wick.

🔸 Indicates rejection at high prices. Often signals declines.

🔸 Best if it appears after a rapid rise.

5. Moving Average Crossover (Death Cross)

🔸 The fast moving average crosses below the slow moving average.

🔸 Clear signal of a bearish trend. Many traders sell.#CPIWatch #BTCWhaleTracker #BTC120kVs125kToday #MemecoinSentiment