Bitcoin BTC/USD, Ethereum ETH/USD and Dogecoin DOGE/USD were trading in tight trading ranges on Sunday, and with far lower-than-average volume.
The cryptos look set to explode over the coming hours because their 24-hour trading ranges have become small and the volume so light, which is often followed by a big burst of volume to break a stock or crypto from the pattern.
A double, or triple inside bar can be more powerful than a single inside bar.
The Bitcoin Chart: On Sunday, Bitcoin was setting up a quadruple inside bar pattern, with all of the last four 24-hour candles inside April 13’s mother bar.
The Dogecoin Chart: Dogecoin was trading in a double inside bar on Sunday, and also within a triangle pattern on the daily chart.