I want to share what I've learned about triangles on charts. Honestly, these are some of the most useful patterns I've ever used in my trading. Let's understand how they work and how to read them.

First, the descending triangle. This is a bearish pattern that looks like this: a horizontal support line at the bottom and a resistance line that gradually slopes downward from above. See how the sellers are pushing harder and harder? This is a classic signal of a decline. When the price breaks below the support, it often indicates a continuation of the fall. The key is to watch the volume. If the volume increases during the breakout, it's a real move, not a fakeout. I usually set a stop-loss above the last resistance line to avoid getting caught in a reversal.

Now, the ascending triangle — the complete opposite. This is a bullish triangle pattern where resistance remains horizontal at the top, and support rises from below. Can you see how buyers are becoming more active? When the price breaks above the resistance with good volume, it's a buy signal. I've noticed that this pattern works especially well if it forms within an existing uptrend.

The symmetrical triangle is a neutral figure. Both lines converge toward the center: resistance decreases, and support increases. A breakout can happen in either direction. I wait until the price clearly breaks one side before opening a position. If it breaks upward — I buy; if downward — I sell. The key point is that decreasing volume during the pattern formation often signals an imminent breakout.

There's also the expanding triangle — a less common pattern that indicates increasing volatility. The support and resistance lines diverge in opposite directions, signaling market instability. I approach this pattern more cautiously because movements can be sharp and unpredictable. It usually appears when there's a lot of uncertainty or important news releases.

What I've learned from practice: always watch the volume during a breakout — it's the main confirmation. Second, context matters. If the pattern forms within a clear trend, it works more reliably. And third — never forget about stop-losses. They protect your capital when the market behaves unexpectedly.

Overall, understanding these patterns has significantly improved my trading. Triangles give clear signals about price movement if you know what to look for. The main thing is not to rush into entries, wait for confirmation, and always manage your risks. On Gate.io, I often monitor such patterns across different assets — SUI, BONK, FLOKI, and others. If you're interested, you can check the charts yourself and practice identifying these figures.