A Double Top is a bearish reversal chart pattern shaped like an “M”: price makes a high, pulls back, then retests a similar high before breaking down. It signals that buyers failed to make new highs and sellers are taking control.
Follow-through rate — how often price moved in the predicted direction within each window — across 3,287 historical occurrences on 20+ exchanges. Computed June 2026.
| Horizon | Historical win-rate |
|---|---|
| 1 hour | 60% |
| 4 hours | 64% |
| 24 hours | 55% |
| 7 days | 57% |
| Sample size | 3,287 occurrences |
This is a historical follow-through rate, not a trade simulation, and does not guarantee future results. See methodology →
Two distinct peaks form at roughly the same price with a trough (the neckline) between them. The pattern completes when price closes below that neckline, ideally on rising volume.
Traders enter on the neckline breakdown, place a stop above the second peak, and often target a move equal to the height from the peaks to the neckline projected downward.
CryptoPatterns’ scanner detects the double top live across 20+ exchanges and every timeframe, tagging each occurrence with the historical win-rate above so you can weigh it in context. See how the scanner works →
It indicates a likely bearish reversal — two failed attempts to break higher, followed by a breakdown below the neckline. It is confirmed only on that breakdown.
It is a well-regarded bearish pattern, strongest when the neckline break is decisive and volume expands. Its historical follow-through rate is shown above.
A Double Bottom is a bullish reversal chart pattern shaped like a “W”: price makes a low, bounces, then retest…
A Head & Shoulders is a bearish reversal chart pattern with three peaks: a higher middle peak (the head) flank…
An Inverse Head & Shoulders is a bullish reversal chart pattern with three troughs: a lower middle trough (the…