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Have you ever wondered why a coin spikes hard, hitting the same level repeatedly… but can't break through? It's usually an ongoing Triple Top Pattern – and believe me, it's one of the sneakiest traps for retail traders. Let me explain it in a simple and communicative way 👇

🔼 Step 1: Uptrend

The price skyrockets, everyone is excited, FOMO is high. Then the price hits the wall – resistance. That is your first peak.

🔼 Step 2: Second Attempt

Bulls regroup and push again. Traders think, “This time it must break!” … No. Rejected again. That was the second peak.

🔼 Step 3: Last Attempt

Buyers make one last swing. Everyone on Twitter is shouting “the reversal is coming!” … but the market says NO. That was the third peak.

📉 What Happens Next?

The market is slightly consolidating, then falls below support (called neckline). This is where panic selling begins. Sometimes, the price even comes back to test the broken support before truly plummeting. From there → the downtrend begins.

🎯 How Traders Play It

Entry: After the drop, or safer → after a retest.

Stop Loss: Just above the third peak (because if it breaks, the pattern fails).

Target: Measure the height of the triple top box and project it down – that’s your profit zone.

Triple Top is all about psychology: bulls are exhausted, sellers are patient, and once support gives way → trapped buyers rush out, accelerating the decline.

👉 So next time you see a coin struggling at the same resistance three times in a row, don’t FOMO. Step back, smile, and prepare for a reversal. That’s how smart traders stay one step ahead 😉

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