Recognizing chart patterns is a crucial skill for every trader. This image highlights some of the most powerful patterns in technical analysis:
🔹 Double Top – Signals a potential reversal from an uptrend to a downtrend. 🔹 Bearish Flag – A continuation pattern indicating further downside movement. 🔹 Triple Bottom – A strong reversal pattern that suggests bullish momentum. 🔹 Head & Shoulders – A reliable pattern for spotting trend reversals.
Understanding these patterns can help you make informed trading decisions and spot high-probability setups!
🟠 Bitcoin (BTC) – 15M Setup Bias: Short-term bullish (scalp) Entry: Break & close above recent 15m resistance SL: Below last higher low (≈0.7–1% risk) TP1: +1% TP2: +2% TP3: +3% (trail after TP1) 🔁 Alternative (If Rejected at Resistance) Short Entry: Rejection candle from resistance SL: Above wick high TP: 1–2% downside move 📌 Use max 5–10x leverage. 📌 Risk only 1–2% of total capital. 📌 Wait for candle close confirmation — no early entry
⚡ Binance Trading Tips Use Stop-Loss: Always below support to minimize risk Take Profit: Near resistance to lock gains Leverage: Keep low to moderate on volatile assets (BTC/ETH up to 5–10x, DOGE low) Charts: Use candlestick + volume indicators to confirm trends Binance Tools: OCO Orders (One-Cancels-Other) for auto TP & SL Futures: Hedge or speculate, check funding rates
📈 Short-Term Trading Levels Bitcoin (BTC) Support: $62,000–$63,000 Resistance: $68,000–$70,000 Bullish break above resistance could push higher; failure may keep BTC range-bound. Ethereum (ETH) Support: $1,850–$1,875 Resistance: ~$1,950 Trending with BTC; less volatile than DOGE. Dogecoin (DOGE) Support just below current levels Breakout strong, but meme coins reverse fast — set stop-losses
💀 $DOGE – Dead Cat Bounce Alert Price is testing a supply zone – classic trap territory. Short Setup: Entry: 0.1145 – 0.1180 Stop Loss: 0.1235 Targets: TP1: 0.1050 TP2: 0.0950 TP3: 0.0800 The recent push higher stalled quickly, and sell pressure appeared on the first test, indicating this is likely a corrective move rather than a trend reversal. Momentum is rolling over, and buyers are failing to hold above this zone, keeping downside continuation in play. Trade $DOGE carefully here 👇