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