Are you new to trading and struggling to understand when to enter or exit a trade? Learning chart patterns can give you an edge! Here's a quick guide to 16 powerful patterns every trader should know:
🔄 CONTINUATION PATTERNS These suggest the trend will continue after a short pause:
🟢 Bullish Continuation (Price likely to go UP): Ascending Triangle Bullish Wedge Bullish Flag Bullish Symmetrical Triangle
🔴 Bearish Continuation (Price likely to go DOWN): Descending Triangle Bearish Wedge Bearish Flag Bearish Symmetrical Triangle
🔁 REVERSAL PATTERNS These suggest the trend may reverse direction:
Bitcoin’s bearish trend in 2025 might seem disheartening for some, but historically, Bitcoin has been known to recover from downturns. The upcoming years, especially the period between late 2026 and early 2027, could be transformative. With catalysts like the Bitcoin halving and broader market dynamics potentially turning in favor of cryptocurrencies, Bitcoin could see a remarkable price surge, reaching upwards of $180,000. But it can go 100k to 90k area again.
However, it’s important to note that the cryptocurrency market is highly volatile, and even with favorable conditions, predicting Bitcoin’s exact price trajectory remains a challenge. Investors should stay informed and prepared for both opportunities and risks. While a bullish outlook seems plausible in the medium term, caution and careful consideration of market conditions will be crucial for anyone looking to ride the wave to new highs in 2026-2027.