📊 3 Must-Know Chart Patterns for Crypto Traders
#CryptoTips #TechnicalAnalysiss #BinanceAcademy
Want to level up your trading game? Start by mastering these 3 essential chart patterns 👇
1️⃣ Head and Shoulders (Reversal Pattern)
🔹 Bearish signal after an uptrend
🔹 Three peaks: middle one is the highest
🔹 Breaks below the "neckline" = potential trend reversal
Used to spot market tops before a drop
2️⃣ Cup and Handle (Continuation Pattern)
🔹 Bullish setup
🔹 Forms a “cup” shape, followed by a small dip
🔹 Breakout from the handle = price surge
Great for catching breakouts in consolidation zones
3️⃣ Ascending Triangle (Bullish Pattern)
🔹 Rising lows + flat resistance line
🔹 Suggests buy pressure is building
🔹 Break above resistance often triggers strong upside
Common before major breakouts in altcoins & BTC
🎯 Pro Tip: Patterns don’t guarantee results — combine them with volume, RSI, and trend analysis for higher accuracy.