I'm curious about a specific graph pattern I've seen in cryptocurrency charts. It's shaped like a 'U', and I want to know what this pattern represents and what causes it to occur in the crypto market.
7 answers
AzrilTaufani
Mon Dec 16 2024
A rounding bottom chart pattern depicts a specific sequence of price fluctuations.
ZenMindful
Mon Dec 16 2024
The rounding bottom pattern holds significance in technical analysis.
Lorenzo
Mon Dec 16 2024
This pattern resembles the shape of a "U" on a chart.
Chiara
Mon Dec 16 2024
The duration of this pattern can vary significantly.
AmyDavis
Mon Dec 16 2024
It can span a time frame ranging from several weeks to multiple months.