In crypto trading, triple candlestick patterns refer to chart formations that involve three consecutive candlesticks and are used by technical analysts to predict potential market reversals or continuations. These patterns can be bullish or bearish and are especially valuable because they provide more confirmation than single or double candlestick patterns.(On the picture below you'll see examples of these triple candlesticks)
Tips for using triple candlestick patterns in crypto:
- Always confirm with volume: Higher volume on the third candle adds reliability.
- Combine with other indicators: RSI, MACD, or trendlines can help filter false signals.
- Time-frame matters: These patterns are more reliable on higher time-frames (e.g., 4H, daily).