Most crypto losses?
They happen when you donโt understand the charts.
Hereโs your visual cheat sheet to the 6 most powerful bullish & bearish patterns in crypto ๐
๐ผ
Bullish Patterns โ Spot the Breakout!
1๏ธโฃ Falling Wedge ๐ปโก๏ธ๐
Price tightens โ boom, breakout!
๐ฅ Entry: Break above wedge
๐ Stop: Just below support
๐ฏ Target: Height of wedge
2๏ธโฃ Bullish Rectangle โฌ๐
Sideways grind = setup for launch.
๐ฅ Entry: Break above resistance
๐ Stop: Below support
๐ฏ Target: Height of rectangle
3๏ธโฃ Bullish Pennant ๐ฉ๐
Mini flag after a pump โ next leg incoming!
๐ฅ Entry: Breakout from pennant
๐ Stop: Slightly under pattern
๐ฏ Target: Length of flagpole
๐ฝ
Bearish Patterns โ Ride the Dump!
4๏ธโฃ Rising Wedge ๐บโก๏ธ๐
Price risingโฆ but support weakening.
๐ฅ Entry: Breakdown below wedge
๐ Stop: Above resistance
๐ฏ Target: Height of wedge
5๏ธโฃ Bearish Rectangle โฌ๐
Support is about to snap.
๐ฅ Entry: Break below support
๐ Stop: Above resistance
๐ฏ Target: Rectangle height
6๏ธโฃ Bearish Pennant ๐ฉ๐
Quick drop โ small pause โ more downside ahead.
๐ฅ Entry: Breakdown below pennant
๐ Stop: Just above pattern
๐ฏ Target: Pole length again downward
๐ Visual guide below ๐
๐ก Save this post โ refer before your next trade.
๐ฌ Found it helpful?
โค๏ธ Like | ๐ฌ Comment | ๐ Follow @janesa_reed for more price action alpha!
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