Mohammad AszadaliDec 18, 2021 · 3 years ago3 answers Can the identification of continuation and reversal patterns help predict future price movements in the cryptocurrency market?
In the cryptocurrency market, can the identification of continuation and reversal patterns be used as a reliable method to predict future price movements? How effective are these patterns in forecasting price trends? Are there any specific patterns that are more reliable than others? Can these patterns be applied to different cryptocurrencies or are they specific to certain coins? What are the limitations and potential risks of relying solely on pattern identification for price prediction in the cryptocurrency market?