Three Types of Topping Signals: Run When You See Them

I've been trading crypto long enough to know one thing for sure - surviving in this market isn't about being all-in every day. It's about dodging the bullets that kill most traders. Trust me, if you want to last in this game, you've got to learn how to spot when things are about to go south.

After blowing up my account twice, I've become obsessed with identifying these three classic downtrend structures:

1️⃣ Descending flag: Don't be fooled - this isn't a "healthy consolidation" like the YouTube gurus tell you. It's just the market taking a breather before another leg down. When price breaks below that consolidation range, I'm cutting my losses FAST. I've watched too many people hold through these thinking "it'll bounce back."

2️⃣ V-shaped reversal: God, these are brutal. That sharp crash followed by a weak, pathetic bounce? That's the market dangling hope in front of desperate bulls before slaughtering them. By the time you think "maybe we've bottomed," the smart money is already selling into your optimism.

3️⃣ Double top structure: The most seductive trap of all. When price fails to make a new high and starts forming that second peak, the writing's on the wall. Yet so many traders (myself included, embarrassingly) ignore it because "this time could be different." It never is. And that slow, grinding decline? Pure psychological torture designed to keep you holding.

Charts don't tell absolutes - they're just warning signs. The real protection comes from proper position sizing and learning to recognize when your emotions are clouding your judgment.

Want more real talk about avoiding these market traps? Follow me. When the next market cycle turns, I'll help you read between the lines before your portfolio gets wrecked.