Just Learn These Crypto Patterns if you're a trader ;
๐ 1. Head and Shoulders
Type: Reversal
Signal: Trend is likely to reverse
Variants:
โ Head & Shoulders (Top) = Bearish reversal
โ Inverse Head & Shoulders = Bullish reversal
๐ 2. Double Top / Double Bottom
Type: Reversal
Double Top = Bearish
Double Bottom = Bullish
Forms after strong trends and signals exhaustion.
๐บ 3. Triangle Patterns
Symmetrical Triangle: Continuation, breakout in either direction
Ascending Triangle: Bullish bias
Descending Triangle: Bearish bias
๐ฆ 4. Rectangle (Consolidation Zone)
Price moves sideways between support and resistance.
Breakout direction gives trade signal.
๐ 5. Cup and Handle
Type: Bullish continuation
Looks like a โcupโ with a small โhandleโ pullback before breakout.
๐ 6. Falling / Rising Wedge
Falling Wedge = Bullish reversal
Rising Wedge = Bearish reversal