chartpattern

The Double Top pattern appears on a candlestick chart as a letter "M." According to this pattern, when a stock, after remaining near a certain price for a long time, moves up to a certain price, then pauses briefly at a slightly lower price, then moves back up to the point where it started down, and after a brief pause, returns to the point where it started up, the pattern is considered complete.
The Double Top pattern today. It's a bit interesting because it looks just like the letter "M" on the chart.

Imagine there’s a stock that’s been moving around at a certain level for a while. Suddenly, it gets some energy and starts moving up. It reaches a certain high point, gets a little tired, and takes a small pause by coming down slightly.
But then, it thinks, "Maybe I can go even higher!" So it gathers strength again and tries to climb back up. It manages to reach exactly the same high point where it stopped the first time.

Now, here’s the important part. When it reaches that same peak for the second time, it just doesn’t have enough strength to break through. It’s like hitting a ceiling. So, it turns around and starts falling back down, all the way to the level from where it originally started climbing up.
So, what do we see? The price went up, came down a bit, tried going up again to the same height, and then fell back down. This movement draws an "M" shape on the chart.
This whole story is called the Double Top pattern. It’s a signal that the stock, instead of going higher, is likely to start falling. Think of it like knocking on a door twice. If no one answers, you just turn around and leave. That’s exactly what this pattern means.

@Binance Square Official
#Doubletoppattern #chartpattern #CandlestickPatterns #binancesquareofficial #Yogiraj0152

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This post is for educational / informational purposes only. Nothing contained herein should be construed as financial advice, investment advice, or a recommendation. The crypto market is highly risky. Conduct your own research and consult a financial advisor before making any decisions. The author / page is not liable for any profits / losses.
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1 👉🏻 Model de Vârf Dublu (M)

Atinge rezistența de două ori și apoi scade. Se pare că taurii sunt obosiți și urșii preiau controlul. Prețul atinge rezistența de două ori și revine înapoi.

2 👉🏻 Model de Fund Dublu (W)

Atinge suportul de două ori și apoi rebondază. Se pare că urșii se slăbesc și taurii fac o revenire. Prețul rebondază de două ori de la suport și crește.

3 👉🏻 Model de Vârf Triplu

Crește deasupra și apoi alunecă de trei ori. Un semn de rezistență puternică, o posibilă inversare a trendului. Prețul eșuează de trei ori la același nivel de rezistență.

Cupă și Mânerele este un model bullish foarte comun care este, de asemenea, ușor de recunoscut. Acesta constă dintr-o cupă în formă de U urmată de o mică scădere cunoscută sub numele de mânere. Ca în cazul fiecărui model, aceste tendințe reprezintă psihologia colectivă a pieței. În acest caz, "mânerele" apare din cauza investitorilor care au cumpărat maximul anterior (când a început modelul). Aceste persoane au pierdut imediat bani pe investiția lor și sunt entuziasmate să ajungă măcar la egalitate. Prețul în creștere la sfârșitul mânerele semnalează comercianților potențiali că vânzătorii s-au epuizat, și că există încă suficientă presiune de cumpărare pentru a trece printr-un nou maxim.

Ceea ce vezi în această imagine este modul în care se joacă efectiv jocul.
Banii mari nu îi pasă de RSI, MACD sau orice alt indicator care este la modă săptămâna aceasta.
Le pasă de locul în care se află lichiditatea, cine este prins și cum să forțeze reacții.
Retailul se uită la un grafic și vede haos, dar instituțiile văd aceleași configurări repetându-se din nou și din nou.
– Configurări QML

– Fakeouts și capturi de lichiditate
– Inversări cerere/ofertă
– Compresie → Expansiune
– Vânătoare de stopuri mascate ca breakout-uri
– Limite de steag
– Structuri de reversare care se întâmplă din nou și din nou

Month of October 25
Before the triangle began forming, ETH was already sliding down from higher levels near $5,200. That prior bearish momentum sets the tone triangles appearing in downtrends are often pauses before another leg lower.

• Pattern Structure:

The red arrows mark a consistent series of lower highs, meaning every attempt by the bulls to rally has been swatted down earlier than before. Meanwhile, the green arrows show a relatively stable support line where buyers keep defending. Together, these trendlines converge into a tightening wedge of indecision but in this case, the bias remains bearish because the upper boundary is sloping downward.

• Volume and Momentum:

Volume has likely been shrinking throughout this formation, which is typical in symmetrical triangles. It’s the market’s way of catching its breath before deciding the next big move. In a bearish setup like this, the drop in volume usually precedes an explosive breakdown once the pressure releases.

• Critical Price Zones:

• Resistance Zone: Around $4,000–$4,100, where every rally has stalled.
• Support Zone: Around $3,700–$3,600, tested multiple times.
A confirmed candle close below $3,600 with strong volume would validate the breakdown, setting potential downside targets toward $3,300–$3,200, maybe even lower if sentiment worsens.

• Trader Mindset:

Bulls are trying to defend short-term supports, but their conviction is weakening each bounce is smaller, each sell-off sharper. Bears, on the other hand, are patiently compressing the price into a corner, waiting for one strong push to send it cascading down.

• Invalidation Scenario:

Only a decisive breakout above $4,100 could flip the short-term narrative bullish and trap aggressive shorts. Anything below that keeps ETH within a tightening bearish coil.

In summary: this setup screams bearish continuation, unless the bulls manage to surprise with a breakout above resistance. The current pattern’s energy is building up for a breakout, and if it follows the trend the next leg could drag ETH closer to $3,200 territory.

#MarketPullback #chartpattern #Ethereum $ETH