NotFoxzDec 15, 2021 · 3 years ago9 answers Can rectangle patterns be used to predict future price movements in cryptocurrencies?
Is it possible to use rectangle patterns in technical analysis to predict future price movements in cryptocurrencies? I've heard that chart patterns can be helpful in predicting market trends, but I'm not sure if this applies to cryptocurrencies as well. Can someone explain how rectangle patterns work and whether they can be used as a reliable indicator for predicting price movements in the volatile cryptocurrency market?