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I've noticed that many beginners in crypto trading start with indicators, and then realize that half the success is simply the ability to see patterns on the chart. Honestly, trading patterns are often explained much more simply than all these complex formulas.
Let's understand three classic figures that really work. Double top and double bottom are reversal signals. When the price touches the same level twice and pulls back, it often indicates that the trend may reverse. A double top hints at weakening buyers, while a double bottom, on the contrary, indicates support and a possible rise.
Head and shoulders is a classic pattern that even experienced traders see. If it forms after an uptrend, it usually predicts a decline. This is one of the most reliable patterns I've encountered.
There are also flags and pennants — these are continuation patterns. They show that the price is consolidating before continuing in the direction of the main trend. Such patterns in trading help you not to miss the entry point.
An important point: patterns work better when you look at volume. If a pattern forms on increasing volumes, it’s a much more reliable signal. I always check confirming signals before opening a position.
What patterns do you use? I’m interested to hear which ones help you most often.