Let's analyze one of the most useful things in technical analysis — triangles on charts. I’ve noticed that many beginners overlook these patterns, even though they provide quite clear signals about price movement.

The structure is simple: a triangle is formed by support and resistance lines that converge at a single point. Depending on the direction of these lines, different patterns emerge, and each indicates its own.

Let's start with a descending triangle. This is a bearish signal — horizontal support at the bottom, and resistance gradually decreasing from above. The price tries to rise but each time hits lower ceilings. At some point, the support is broken, and a decline begins. It makes sense to open a sell position when this support is broken, but only if the volume is increasing — this confirms that the movement is serious.

Now about the ascending triangle — this is a more interesting pattern for bullish trading. Here, there is horizontal resistance at the top, and support is rising from below. Each time the price falls, it finds a higher support point. Buying pressure increases, and eventually, the price breaks through the resistance upward. The ascending triangle often appears in the middle of an uptrend and is very reliable. I usually wait until the price breaks the upper line with good volume, then I enter a long position.

The symmetrical triangle is a neutral pattern that can reverse in either direction. Resistance decreases, support rises, and the price consolidates. It’s important to wait for a clear breakout: if it’s upward, it’s a bullish signal; if downward, bearish. Enter after the breakout, not before, to avoid catching a false signal.

The expanding triangle is the most tricky pattern. Lines diverge in different directions, and volatility increases. This indicates instability and a potential reversal. Caution is needed — positions should be entered with tighter stop-losses because movements can be sharp and unexpected.

A few practical points. First, volume is king. If the breakout occurs on low volume, it’s often a false signal. Second, look at the previous trend. An ascending triangle works better in an uptrend, and a descending one in a downtrend. Third, always set a stop-loss. Even if the pattern looks perfect, the market can turn unexpectedly.

I often use these patterns when trading on Gate, for example, watching SUI, BONK, FLOKI. When I see an ascending triangle on the hourly chart with increasing volume — that’s a good reason to enter. The main thing is not to rush, wait for confirmation of the breakout, and then the chances of success are much higher. Understanding these patterns really helps improve trading accuracy.