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What are Price Chart Patterns in Crypto?

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Price Chart Patterns in crypto are visual shapes formed from the price movements of digital assets on a chart over a period of time. These patterns reflect market psychology and trader behavior, and are used to identify trends, potential reversals or continuation of price direction. By analyzing these patterns, traders can make more informed decisions on whether to buy or sell. Price chart patterns include various shapes, such as triangles, head and shoulders, double tops and bottoms, as well as flag and pennant patterns, each providing certain signals regarding the future direction of price movement.

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