#CryptoCharts101

Master These Crypto Chart Patterns Every Trader Should Know:

📊 1. Head and Shoulders

Pattern Type: Reversal

Signal: Indicates a potential trend reversal

Variants:

✅ Head & Shoulders (Top) – Signals a bearish reversal

✅ Inverse Head & Shoulders – Signals a bullish reversal

📈 2. Double Top / Double Bottom

Pattern Type: Reversal

Double Top: Suggests a bearish trend reversal

Double Bottom: Indicates a bullish reversal

Typically appears after strong price trends, showing market exhaustion

🔺 3. Triangle Patterns

Symmetrical Triangle: Continuation pattern, breakout possible in either direction

Ascending Triangle: Has a bullish bias

Descending Triangle: Carries a bearish bias

📦 4. Rectangle (Consolidation Zone)

Price moves between defined support and resistance levels

Breakout direction reveals the trade opportunity

🔁 5. Cup and Handle

Pattern Type: Bullish continuation

Resembles a rounded “cup” followed by a brief “handle” pullback before a breakout

📉 6. Falling / Rising Wedge

Falling Wedge: Typically signals a bullish reversal