Triple Bottom
ChartBullishReversalReliability:
Three troughs reach the same support — sellers fail three times, signaling a bullish reversal.
Description
Three near-equal troughs at the same support, separated by two peaks; a neckline is drawn across the peaks, and a close above it confirms the upward reversal.
Market psychology
Sellers push price to the same floor three times and fail each time — exhaustion sets in and buyers take control.
How to trade
Buy on the upward break of the neckline; target equals the pattern height projected upward, place the stop-loss below the troughs.
Confirmation
A decisive close above the neckline, ideally on rising volume.
Also known as: Triple Bottom
Educational content only — not financial advice. Cryptorua reads public market data and never places orders.