20 Types of Reversal Candlestick Patterns for Crypto Trading

Candlestick patterns are highly useful chart elements for conducting technical analysis in crypto trading. The body, wick, color, and positioning can, almost magically, quickly depict the condition of the relevant asset in the most concise way.

These patterns help identify opportunities for trend continuation, reversal or trend reversal, consolidation, breakouts, and more. One way traders utilize candlestick patterns or charts is to look for trend reversal signals. This article will discuss reversal candlestick patterns and their examples that can be useful in trading crypto assets.

Definition and How Reversal Candlestick Patterns Work

Reversal candlestick patterns are types of candlestick groupings or positionings that signal that the current price movement may attempt to change the trend's direction. Reversal candlestick patterns are not significantly different from standard structures.

Read the full Reversal Candlestick Patterns article on BeInCrypto Indonesia