#CryptoCharts101 Crypto Charting 101: How to ID Basic Patterns and Trends

Learn to spot flags, pennants, wedges and sideways trends and understand how those patterns can inform trading decisions.

Technical analysis is the practice of looking at a cryptocurrency price chart and inferring the future from the patterns that have formed in its trend lines. Some dismiss technical analysis as pseudo-science while others have built empires on the techniques, profiting immensely by spotting obscure “cup and handles” or “Bart Simpson haircut” formations in the charts and taking action before the markets act out their predictions. This guide is an entry to this strange and somewhat mystical world. It teaches the fundamental patterns and trends that these analysts use to inform their predictions about the market.