Triple Top and Triple Bottom Patterns in Crypto Trading

The patterns "triple top" and "triple bottom" are rare formations on charts. Very powerful. They signal a possible trend reversal. 🔄 It's hard to find the perfect model. But when you do — it's a real gold mine.

What is the triple bottom model? 🌊

Triple Bottom is a bullish candlestick pattern. It forms at the end of a decline. Three attempts to break the minimum — all unsuccessful. They are approximately at the same level. Confirmed by an upward breakout.

It appears after the correction. The market is trying to recover. There is a lack of strength. The price is falling to the lows. Again and again. After the third attempt, the sellers are exhausted. The market finally breaks out upwards. 🚀

On the chart, it resembles the letter "W". Or something like a rectangle with a flat bottom.

Understanding Bullish and Bearish Reversal Patterns

A bullish reversal changes direction from falling to rising. Three stages:

1. Price drop
2. Formation of a reversal
3. Breakout Up

Bearish reversal - the opposite:

1. Price Increase
2. Formation of a reversal
3. Break down

What is the triple peak model? 🏔️

Triple top is a bearish pattern. Three attempts to reach a new high. All at the same level. Then – a decline and breaking through the lows. Appears after a long rise. Hints at a downward reversal.

It arises when buyers get tired. Sellers are pressuring. But initially, the bears are also weak.

The chart shows a real battle. 🔥 Correction, new rally, failure near the highs. And it happened three times. It seems the bulls are gradually giving up. The market is breaking support.

Visually resembles the letter 'M' with three peaks.

How to Spot These Patterns in the Crypto Market 🔍

Patterns can appear on any timeframes. But context is important:

For the triple peak:

• There must be a preceding growth
• Three attempts to take the maximum at close levels
• If the peaks are too different, it is likely something else.

There was a case on the 15-minute Bitcoin chart. A rally of 9% from $42,100 to $45,876. Then three attempts to break through $45,800. All highs within 0.4% of each other. A perfect textbook example!

For triple bottom:

• There must be a preceding decline
• Three attempts to break support close to each other
• Bounces usually occur between the minima

In 2021, the daily chart of BTC showed a triple bottom between May and July. After a significant correction, three minima formed: $29,800, $28,726, and $29,258. Then, an aggressive rise above $42,444.

What happens after patterns are formed? 📈📉

After the triple bottom:

1. Find the peak point between the minima
2. Wait for a breakout above it
3. Look for confirmation - volume is increasing, candles are getting larger

After the triple peak:

1. Find the lowest point between the maxima
2. Wait for a downward breakout
3. Prepare for the fall

Trading Strategy for Triple Bottom 💰

Do you see a triple bottom in 2025? Possible:

• Enter after confirming the third minimum
• Set the stop just below the recent lows
• Aim for the height of the pattern from the breakout point

According to backtests, the success rate of a triple bottom varies. It depends on the market. But with proper risk management, it is a powerful tool. 🌕

And yes, even the best patterns sometimes let you down. False breakouts happen. Patience is required. Careful analysis is needed. But the result is often worth it.