HELLO MY COMMUNITY, LEARN THESE CANDLESTICK PATTERNS AND YOU WILL NEVER FACE LOSSES IN CRYPTO ☑️👇
1️⃣ Descending Wedge ⬇️➡️⬆️ (Bullish)
The price is compressing downwards in a wedge.
The breakout upwards signals a bullish reversal.
Minimum target = height of the wedge.
---
2️⃣ Symmetrical Triangle 🔺 (Bullish)
The price is consolidating by forming equal triangle slopes.
Breakout in the direction of the trend (usually bullish).
---
3️⃣ Double Bottom 🐂
Two equal troughs forming a “W” pattern.
The breakout above the neckline confirms the bullish reversal.
---
4️⃣ Ascending Wedge ⬆️➡️⬇️ (Bearish)
The price is rising within a narrowing wedge.
Breakout downwards = bearish reversal.
---
5️⃣ Symmetrical Triangle 🔻 (Bearish)
Appears during the consolidation of the bearish trend.
Breakout downwards continues the bearish trend.
---
6️⃣ Double Top 🐻
Two equal peaks forming an “M” pattern.
The breakout below the neckline confirms the bearish reversal.
---
Why are these patterns important?
Predict the continuation or reversal of the trend.
Plan your entry and exit points better
Combine with volume for confirmation
---
Here is the chart image 👇
If you found this helpful, smash ❤️ and comment “BOSS” to learn more! 🚀
#BTCUnbound #CFTCCryptoSprint #BinanceHODLerTOWNS #BTCReserveStrategy #BinanceHODLerPROVE
