๐Ÿ“Š 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 ๐Ÿ‘‡

1๏ธโƒฃ Head and Shoulders (Reversal Pattern)

๐Ÿ”น Bearish signal after an uptrend

๐Ÿ”น Three peaks: middle one is the highest

๐Ÿ”น Breaks below the "neckline" = potential trend reversal

Used to spot market tops before a drop

2๏ธโƒฃ Cup and Handle (Continuation Pattern)

๐Ÿ”น Bullish setup

๐Ÿ”น Forms a โ€œcupโ€ shape, followed by a small dip

๐Ÿ”น Breakout from the handle = price surge

Great for catching breakouts in consolidation zones

3๏ธโƒฃ Ascending Triangle (Bullish Pattern)

๐Ÿ”น Rising lows + flat resistance line

๐Ÿ”น Suggests buy pressure is building

๐Ÿ”น Break above resistance often triggers strong upside

Common before major breakouts in altcoins & BTC

๐ŸŽฏ Pro Tip: Patterns donโ€™t guarantee results โ€” combine them with volume, RSI, and trend analysis for higher accuracy.