Triple Top Trap (The Peaks) – How Smart Traders Recognize Reversal Signals Before the Crowd

Have you ever wondered why a coin rises to the sky, touches the same price zone multiple times but cannot break down? That is the Triple Top pattern – one of the most sophisticated traps that causes retail traders to fall into a cycle of losses. Let's analyze in detail in an easy-to-understand way 👇

📈 Step 1: Uptrend (Uptrend) The price breaks out, the atmosphere of FOMO is overwhelming, everyone thinks "this coin will definitely soar". But then the price hits a strong resistance level – this is the first peak. 📈 Step 2: The Second Attack The market ( is buying) to regain its spirit, pushing the price up once again. Many believe that this time it will definitely break the peak. But the market coldly declines. That is the second peak. 📈 Step 3: Final Effort Buyers are gathering strength, social media is bustling with calls of "breakout coming soon!" However, the market says NO. The third peak has formed, signaling that the buying side has exhausted. 📉 What Happens Next? The price has leveled off a bit and then breached the support line (neckline). This is when panic sentiment spreads, and capital flows out. Often, the price may return to retest the old support zone (now turned into resistance) before truly plummeting. From here, a formal downtrend begins. 🎯 How Smart Traders Trade Entry point: After the price breaks the neckline, or safer → wait for a retest before entering. Stop Loss: Set just above the third peak. If the price breaks above, the pattern fails. Take profit: Measure the height of the "triple top box" and lower it down – that is the target profit zone. 🧠 The Psychology Behind Triple Top The buying side is exhausted after many failures. The selling side is patient, waiting for the right opportunity. When the support breaks down, those stuck in orders rush to exit → which only causes the price to fall faster. 👉 Therefore, if you see a coin touching the same resistance three times without breaking through, don't FOMO. Stay calm and observe, prepare for the reversal. That's how smart traders always stay one step ahead 😉