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Crypto · chart pattern

Symmetrical triangle on Chainlink

On Chainlink the symmetrical triangle showed up 47 times. The target came first 28% of the time, the stop 70%, and 2% went nowhere within 12 candles.

Counted on Chainlink (LINK/USDT): daily candles from January 2021, 4-hour candles from January 2021 and hourly candles from January 2021.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily250%50%0%
4-hour812%88%0%
Hourly3730%68%3%

Chainlink against the rest

ChartsFoundTarget firstStop firstWent nowhere
Chainlink4728%70%2%
All Crypto charts1,50638%58%4%
Every market2,04939%57%4%

Year by year

YearFoundTarget firstStop first
2021911%89%
2022617%83%
2023617%83%
20241443%57%
2025617%67%
2026650%50%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the symmetrical triangle is

Lower highs and higher lows squeeze into a point, then price picks a side.

Imagine two walls sliding toward each other with a ball bouncing between them. The space keeps shrinking, so the ball must escape one way or the other. A symmetrical triangle is price squeezed like that, and nobody knows which side it will pick until it breaks.

The full symmetrical triangle lesson, video and quiz ›

Other patterns on Chainlink

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile bounce · Volume profile rejection · Doji · MACD bearish cross · MACD bullish cross · EMA 9/21 bearish cross · all of them

The symmetrical triangle elsewhere

Ethereum · Bitcoin · Solana · Litecoin · NEAR Protocol · Uniswap · BNB · Cardano · Polkadot · Aave

Questions

How often does the symmetrical triangle work on Chainlink?

In 47 cases on Chainlink, the target (1.5 × ATR) came before the stop (1 × ATR) 28% of the time and the stop came first 70%; 2% went nowhere within 12 candles.

What is the symmetrical triangle?

Lower highs and higher lows squeeze into a point, then price picks a side.