AMANDA BELLA (@Square-AMANDA-BELLA)'s insights

$BTC 📈 The triple top pattern in trading The triple top

AMANDA BELLA · 2025-11-01T09:42:10.000Z

$BTC 📈 The triple top pattern in trading The triple top pattern indicates a potential trend reversal. It consists of three peaks that reach the same level. When the price fails to break this level after the third peak, it is usually followed by a sharp decline. 🗄The first, second, and third peaks: the price reaches the same level several times. 🗄Breaking the neckline: when the price drops below the support level, it indicates the beginning of a decline. ⏳ This pattern helps traders identify a good entry point for a sell trade after breaking support, with a profit target set equal to the height between the peaks and the support. $BNB $TAO #KITEBinanceLaunchpool #WriteToEarnUpgrade #MarketPullback #FOMCWatch #BinancehodlerSOMI