Cryptocurrency Q&A
What is the triple top indicator in TradingView?
What is the triple top indicator in TradingView?
Carlo
Wed Dec 04 2024
|
5 answers
1171
The triple top indicator in TradingView refers to a technical analysis pattern where the price of an asset reaches a certain resistance level three times without breaking through, indicating a potential trend reversal from bullish to bearish. This pattern is recognized by traders as a reliable signal for identifying potential selling opportunities.
5 answers
KimchiQueen
Fri Dec 06 2024
Triple Top is a technical analysis pattern that indicates a potential reversal in the market trend.
Was this helpful?
204
48
IncheonBeautyBloomingRadiance
Fri Dec 06 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of traders. These services include spot trading, futures trading, and a wallet service.
Was this helpful?
171
62
CryptoLegend
Fri Dec 06 2024
This pattern is characterized by the formation of three consecutive peaks or highs that are approximately at the same price level.
Was this helpful?
304
32
SkyWalkerEcho
Fri Dec 06 2024
Although a slight difference in price values is permissible, the key is that these highs should be relatively close in value.
Was this helpful?
104
68
Riccardo
Fri Dec 06 2024
Between these three highs, there are two intermediate lows, which serve as a confirmation of the pattern's formation.
Was this helpful?
388
46
