To spot trends, reversals, or breakouts in crypto trading, I focus on specific chart patterns that give clues about where the price might go next.
For trends, I watch for patterns like ascending triangles (bullish continuation) or channels (parallel trend lines). These show the market is moving in a direction and often continues that way until a clear break happens.
For reversals, I look for double tops and bottoms, head and shoulders, or inverse head and shoulders. These patterns suggest a trend is weakening and could flip the other way—especially when confirmed with volume or RSI divergence.
For breakouts, I use flags, pennants, or symmetrical triangles. These show price consolidation before a strong move. I wait for a breakout with volume to confirm it’s real, not a fakeout.
Using patterns with indicators helps me trade with more confidence.