Many traders believe that you need a lot of money or secret knowledge to succeed in cryptocurrencies. The truth is much simpler: the key is discipline, patience, and some recurring chart patterns that the market respects over and over.
At first, I only had 25 in my account. By following strict risk rules and using these patterns, I managed to increase it to over 900. These 15 setups became my trading toolbox, and they can guide you too.
1. Breakout flag
Strong uptrend followed by a small pullback that continues downward.
Plan: Enter when the price breaks above the flag. Keep the stop below the retracement zone.
2. Pennant squeeze
A quick spike forms a small triangle before ascending.
Plan: Buy on the breakout above the triangle. Stop just below.
3. Cup with handle
A soft U shape (cup) forms, then a small dip (handle).
Plan: Enter when the price breaks above the upper limit. Stop just below the drop.
4. Double bottom W
The price tests the same support twice and holds on both occasions.
Plan: Buy above the midpoint peak of the W. Stop below the second low.
5. Ascending triangle
Flat resistance above, ascending lows below.
Plan: Enter on breaking resistance. Stop below the last higher low.
6. Symmetrical triangle
The price moves between two trend lines that point inward.
Plan: Trade with volume on the breakout. Stop on the opposite side.
7. Inverted head and shoulders
Three dips, with the middle one (head) deeper than the two shoulders.
Plan: Enter when the price breaks the neckline. Stop below the right shoulder.
8. Rounded bottom
The price forms a soft bowl before rising.
Plan: Enter on breaking resistance. Stop just below the curve.
9. Three ascending valleys
Three consecutive drops, each one higher than the last.
Plan: Enter after the breakout above the last peak. Stop below the third valley.
10. Measured move
The market rises, rests, and then rises again approximately the same size.
Plan: Buy on the breakout after the rest. Stop below the base.
11. Ascending Vieira
A curved and inclined pattern that moves upward.
Plan: Enter on a breakout above the curve. Stop below the lowest point.
12. Descending wedge
The descending lines approach each other before separating.
Plan: Buy on the bullish breakout. Stop below the wedge low.
13. Bullish channel
The price moves between two lines with an upward slope.
Plan: Enter near the bottom of the channel. Stop just below the support line.
14. Island reversal
A downward gap leaves the price 'alone' at the bottom, then follows an upward gap.
Plan: Buy when the price rises again. Stop below the island low.
15. Triple bottom
Three strong tests of the same support level, each holding firm.
Plan: Enter on a breakout above the neckline. Stop below the third low.
Key lessons
I started with small trades. I began with just 25 and increased to over 900 by repeating these setups.
Patterns repeat everywhere. Stocks, cryptocurrencies, forex: the same signals appear again and again.
Risk management is essential. Always use a stop-loss and keep your position size safe.
Consistency beats luck. One pattern doesn't change everything. Following the rules daily does.
Final word
Success in trading isn't about following expectations or hoping for luck. It's about finding reliable strategies, sticking to the plan, and protecting capital. These 15 chart patterns gave me the roadmap to turn a small account into real profits.