I've noticed that many traders get confused about basic technical analysis patterns.


So I decided to take a closer look at the main triangles on charts — it's really useful to know for entering positions.

Starting with the descending triangle. This is a bearish pattern that forms when the support line remains horizontal, and resistance gradually decreases.
It's clear that sellers are exerting increasing pressure. When the price breaks support with higher volume — it's a serious signal to open shorts.
The main thing is not to get caught on false breakouts with low volume.

The opposite scenario gives us the ascending triangle. Here, resistance is horizontal, and support is rising — this is a bullish pattern that often appears in the middle of an uptrend.
When the price breaks the upper resistance with good volume, you can open longs.
It's logical to place a stop-loss below the last support line.

There is also a symmetrical triangle — a neutral pattern where both lines converge toward the center.
This is a consolidation before a breakout, but the direction is unknown.
So wait for a clear breakout and enter in the direction of the move.
If volume decreases as the triangle narrows, the breakout can be sharp.

And then there's the expanding triangle — which is a completely different pattern.
The lines diverge outward, and volatility increases.
This pattern often appears in unstable markets or before important news.
Caution is needed here — enter after the breakout, but with tighter stop-losses, because movements can be sharp and unpredictable.

The main rules for all these patterns: watch the volume during the breakout — the higher, the more reliable the signal.
Second — determine the previous trend.
Ascending and descending triangles work best if they appear within an existing trend.
And third — always use a stop-loss.
It's protection against unexpected reversals.

Practically, I often see these patterns on SUI, BONK, and FLOKI charts — they are quite volatile and clearly show these models.
If you learn to read the triangle correctly and confirm signals with volume, your entry accuracy significantly improves.
The main thing — don't rush, wait for a clear breakout and confirmation.
This is the foundation of technical analysis that works.
SUI2.42%
BONK3.56%
FLOKI1.45%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin