Other important data points such as volume, price and macroeconomic and geopolitical events can affect a stock price. But chart patterns can represent an area where supply or demand may increase ...

Since that time, many thousands of chart patterns have been analyzed ... A single candle formation on a candlestick chart conveys several data points. The upper and lower limits of the thick ...

This data will provide further direction ... moving average to continue moving higher. Bitcoin 4-Hour Chart – Descending Channel Pattern The 4-hour chart shows a descending channel, where ...

Backtest with historical data. Studying historical price action helps reinforce your understanding of patterns. For instance, the 1D BTC/USD chart shows that the trend turned upward after the ...