What Is Triple Bottom?
A triple bottom is a bullish reversal pattern where price tests the same support level three times and holds, creating three distinct lows at approximately the same price. Each test demonstrates that sellers have been unable to break through the demand zone, building confidence that a reversal is coming.
How Triple Bottom Works
The pattern is confirmed when price breaks above the resistance level formed by the highs between the three bottoms (the neckline). Volume typically decreases on each successive test of the support level and expands on the breakout. The measured move target is the height from the bottoms to the neckline, projected upward from the breakout point.
Why It Matters for Traders
Triple bottoms are rarer but stronger than double bottoms because they represent three failed attempts by sellers. In crypto, the third test often comes with the least selling pressure and the most bullish RSI divergence, making it the highest-probability entry point. Aggressive traders enter on the third touch; conservative traders wait for the neckline break.
