🕯️ Master These 6 Chart Patterns & Avoid Costly Crypto Mistakes 🧠📊
If you learn these candle chart patterns, you’ll make smarter trades and reduce losses 👇
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📉 1. Support Becomes Resistance (Bearish Signal)
When price breaks below support and then retests it as resistance, it usually means more downside is coming.
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🔼 2. Triangle Pattern (Bullish Coil)
Price gets squeezed tighter before a breakout. When the coil is pointing upward, bulls may be ready to explode upward!
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🔽 3. Triangle Pattern (Bearish Coil)
Downward coils often show selling pressure building up. A breakdown may follow soon.
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📈 4. Bollinger Bands
When price touches the top band, it may be overbought. When it hits the lower band, it could be oversold. Watch for reversals or trend continuations.
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🔺 5. Wedge Patterns
Rising Wedge = Bearish. Likely to break down.
Falling Wedge = Bullish. Possible breakout upward.
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📦 6. Box / Range Pattern
Price stuck in a horizontal box = consolidation.
Break above the box = bullish breakout.
Break below = bearish move.
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✅ Final Takeaway
Chart patterns don’t predict the future — they prepare you for it. Use them with smart risk management and a clear trading plan.
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