📚 Learn These Candlestick Patterns to Avoid Losses in Crypto Trading
Master these key reversal and continuation patterns to trade smarter & reduce risk:
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✅ Bullish Patterns
📌 Falling Wedge
✔ Price compresses downward in a wedge shape
✔ Breakout upward = bullish reversal
🎯 Target = height of the wedge
📌 Symmetrical Triangle (Bullish)
✔ Price consolidates into a triangle with equal slopes
✔ Breakout usually follows prior trend → often bullish
📌 Double Bottom
✔ Two equal lows form a “W” shape
✔ Breakout above neckline = confirmed bullish reversal
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❌ Bearish Patterns
📌 Rising Wedge
✔ Price climbs inside a tightening wedge
✔ Breakout downward = bearish reversal
📌 Symmetrical Triangle (Bearish)
✔ Forms during downtrend consolidation
✔ Downward breakout continues bearish trend
📌 Double Top
✔ Two equal highs form an “M” shape
✔ Breakout below neckline = confirmed bearish reversal
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🔍 Why These Patterns Matter
✅ Predict trend continuation or reversal
✅ Plan better entries & exits
✅ Best when confirmed with volume
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