K-Line Pattern Teaching: Flat Top
The flat top pattern consists of two candlesticks that have almost the same highest point, or two candlesticks that have almost the same lowest point. This pattern is called a flat top because the endpoints of these candlesticks are aligned like the legs of tweezers. In a rising market, when the highest points of several candlesticks are similar, a flat top pattern is formed.
The most effective platform patterns have several characteristics:
First, the first candlestick should be in line with the previous overall market trend. If the price is in an upward trend, the first candlestick should be a bullish candle.
Second, the second candlestick should be opposite to the overall trend. If the price is rising, then the second candlestick should be a bearish candle.
Third, the length of the shadows of the two candlesticks should be the same. The flat top pattern should have the same high points, while the flat bottom pattern should have the same low points. $BTC #BSC生态活力释放