Chart patterns
The shapes, drawn out — then called live on XRP
Every pattern below is a record of what price has already done: a floor tested twice, a ceiling refused three times, a run that pauses and goes again. Learn the shape from the drawing, then watch the same rules run against live XRP candles on the 1-minute, 5-minute and 1-hour charts.
The library
Twelve shapes, each with the line that confirms it and the one that kills it.
Double bottom
BullishReversal
Price sells off into a floor, bounces, then comes back and tests the same floor a second time — and the second test stops going lower.
Confirmed by A candle closes above the high that separates the two lows.
Fails when A close below the floor. Two equal lows are only a level until the middle high gives way.
Double top
BearishReversal
Price rallies into a ceiling twice with a pullback in between, and the second push fails to make a new high.
Confirmed by A candle closes below the low that separates the two highs.
Fails when A close back above the ceiling, which turns the second top into a pause rather than a top.
Head and shoulders
BearishReversal
Three push-ups in a row: two shoulders at roughly the same height with a higher head between them, then the right shoulder fails to reach the head again.
Confirmed by A close below the line drawn across the two dips between the shoulders.
Fails when Price reclaiming the neckline, or the right shoulder pushing above the head.
Inverse head and shoulders
BullishReversal
The same three-swing shape upside down: two shoulders at the same low with a deeper head between them, and the right shoulder refuses to go as deep.
Confirmed by A close above the line drawn across the two peaks between the shoulders.
Fails when Price losing the neckline again, or the right shoulder undercutting the head.
Cup and handle
BullishContinuation
A rounded basin that returns to roughly the rim it fell from, then a shallow drift lower — the handle — before price tries the rim again.
Confirmed by A close above the rim line after the handle has formed.
Fails when The handle sliding into the lower half of the cup, or price losing the handle low.
Ascending triangle
BullishContinuation
Buyers keep stepping in higher while the same ceiling holds: rising lows pressing up into a flat top.
Confirmed by A close above the flat ceiling.
Fails when A close below the last rising low — the pressure was going the other way.
Descending triangle
BearishContinuation
The mirror image: a floor that keeps holding while each bounce starts lower.
Confirmed by A close below the flat floor.
Fails when A close back above the last lower high.
Bull flag
BullishContinuation
A sharp run up, then a tight drift lower that gives almost none of it back, then the run resumes.
Confirmed by A close above the top of the flag's channel.
Fails when A close below the flag's low, which makes the drift the start of a reversal instead.
Bear flag
BearishContinuation
A sharp drop, then a tight drift back up that recovers almost nothing, then the drop continues.
Confirmed by A close below the bottom of the flag's channel.
Fails when A close above the flag's high, which turns the drift into a genuine bounce.
Triple bottom
BullishReversal
Three separate tests of the same floor, each one refusing to break it. A market that keeps finding the same buyer.
Confirmed by A close above the highest of the two peaks between the lows.
Fails when A close below the floor on any of the tests.
Triple top
BearishReversal
Three attempts at the same ceiling, each one turned back. The same seller waiting at the same price.
Confirmed by A close below the lowest of the two dips between the highs.
Fails when A close above the ceiling on any of the attempts.
Rounding bottom
BullishReversal
A slow saucer rather than a V: selling fades, the lows flatten out over many bars, and the recovery is as gradual as the fall was.
Confirmed by A close above the high the saucer started from.
Fails when A fresh low under the saucer, which means the flattening was a pause in a downtrend.
Called live
The same shapes, fitted to the candles on screen right now.
5 min candles, fitted against the bars on screen — the last day.
XRP/USD · Kraken · 720 candles · $1.2563Live
read 00:45:48 · live · refreshes every 30sDrag the chart to travel back through the session, scroll over it to zoom, and Latest snaps back to the newest candle. Turn Mark on (or hold Shift) and the same drag marks a stretch for the desk. Point at a shape in the list below to bring it forward on the chart, or click a filed call to draw it back where it was recorded, marked pass or fail — it stays on the chart while you scroll up, until you click it again.
The shape: Three separate tests of the same floor, each one refusing to break it. A market that keeps finding the same buyer.
Validates it: A close above the highest of the two peaks between the lows.
Voids it: A close below the floor on any of the tests.
Right now: Void — price closed above 1.2852, then closed back through it. The shape did not hold.
Nothing filed on 5 min yet. A shape is written down the first time the scanner fits it, and keeps its word here after it drops off the live list.
A pattern is a description of what price has already done, not a projection of what it will do. The dashed line is the level that confirms the shape: until a candle closes through it the pattern is only forming, and if price closes back through it afterwards the shape is shown as failed rather than quietly dropped.
What are the lines those shapes are drawn against?
The indicator toolbox walks through the 23 tools behind every chart read — how each is built, how it's read, and how it lies — with each one drawn live on XRP beside its current value.
Argue with it
Prove or disprove the shape you think you're looking at.
Ask the chart desk
Say what you think you see — a cup and handle on the 5m, a double top forming, price jammed under the cloud — and it checks the claim against the app's own candles, its own pattern fits and the real MACD, Bollinger and Ichimoku values. Then it tells you what would validate the shape and what would void it. It reads what has already printed; it does not forecast and does not give advice.
Claim a free 24-hour passYour chart, called
Drop a picture in and the same shapes are called on it.
Drop a chart screenshot here
Any asset, any venue — or click to pick a file. png, jpg or webp.
Your picture is used for this one read and is kept private to the app (stored privately). The calls come back drawn on the image, with the confirming line each shape has to take.
Education, not advice. Nothing on this page says what XRP will do next: a detected pattern is a geometric fit over past candles, it is sometimes wrong, and it is never a signal to trade. Do your own research.