📚 Crypto Education — Top 10 Chart Patterns Explained 📊

Here are 10 essential chart patterns every trader should know — bullish, bearish, and reversal setups:

1️⃣ Ascending Triangle → Flat resistance on top, rising lows underneath. Shows buyers building pressure. Breakout = bullish.

2️⃣ Descending Triangle → Flat support at the bottom, lower highs pressing down. Breakout = bearish.

3️⃣ Bull Flag → Price runs up fast, then consolidates sideways/downward in a flag shape. Breakout = continuation higher 🚀.

4️⃣ Bear Flag → Opposite of bull flag. Fast drop, short pause, then usually more downside 📉.

5️⃣ Head & Shoulders → Three peaks, with the middle one the highest. Break below neckline = trend reversal (bull → bear).

6️⃣ Inverse Head & Shoulders → Three troughs, with the middle one the lowest. Break above neckline = bullish reversal.

7️⃣ Double Top → Price tests the same resistance twice and fails. Often signals a bearish reversal.

8️⃣ Double Bottom → Price bounces off the same support twice. Bullish reversal pattern.

9️⃣ Falling Wedge → Price squeezes downward between converging lines. Breakout = bullish setup.

🔟 Rising Wedge → Price squeezes upward between converging lines. Breakout = bearish setup.

⚡ Learn these and you’ll understand the jungle of price action like a map 🌴.

💬 Which pattern do you rely on the most when trading?

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