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Crypto · chart pattern

Symmetrical triangle on Dogecoin

On Dogecoin the symmetrical triangle showed up 72 times. The target came first 42% of the time, the stop 58%, and 0% went nowhere within 12 candles.

Counted on Dogecoin (DOGE/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-hour967%33%0%
Hourly6138%62%0%

Dogecoin against the rest

ChartsFoundTarget firstStop firstWent nowhere
Dogecoin7242%58%0%
All Crypto charts1,50638%58%4%
Every market2,04939%57%4%

Year by year

YearFoundTarget firstStop first
20211331%69%
20221242%58%
20231127%73%
20241267%33%
20251250%50%
20261233%67%

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 Dogecoin

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

The symmetrical triangle elsewhere

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

Questions

How often does the symmetrical triangle work on Dogecoin?

In 72 cases on Dogecoin, the target (1.5 × ATR) came before the stop (1 × ATR) 42% of the time and the stop came first 58%; 0% went nowhere within 12 candles.

What is the symmetrical triangle?

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