Markets › Filecoin › Descending triangle
Crypto · chart pattern
Descending triangle on Filecoin
On Filecoin the descending triangle showed up 21 times. The target came first 43% of the time, the stop 52%, and 5% went nowhere within 12 candles.
Counted on Filecoin (FIL/USDT): daily candles from January 2021, 4-hour candles from January 2021 and hourly candles from January 2021.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| 4-hour | 2 | 50% | 50% | 0% |
| Hourly | 19 | 42% | 53% | 5% |
Filecoin against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Filecoin | 21 | 43% | 52% | 5% |
| All Crypto charts | 422 | 40% | 56% | 5% |
| Every market | 585 | 39% | 56% | 5% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2021 | 7 | 29% | 71% |
| 2022 | 4 | 25% | 75% |
| 2024 | 5 | 60% | 40% |
The last 8 times
- 5 Jun 2026, 02:00 UTC · hourly · target first after 4 candles
- 5 Feb 2026, 10:00 UTC · hourly · target first after 2 candles
- 28 Oct 2025, 20:00 UTC · hourly · went nowhere
- 9 Dec 2024, 00:00 UTC · 4-hour · target first after 2 candles
- 15 Sep 2024, 09:00 UTC · hourly · target first after 2 candles
- 27 Aug 2024, 21:00 UTC · hourly · target first after 1 candle
- 27 Mar 2024, 15:00 UTC · hourly · stop first after 2 candles
- 27 Mar 2024, 08:00 UTC · hourly · stop first after 3 candles
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 descending triangle is
A flat floor and falling ceiling squeeze together, then price breaks down.
Imagine pressing a heavy lid down on a box a little harder each time, until the bottom of the box gives way. A descending triangle is like that: the ceiling keeps coming down while the floor stays flat. When price finally breaks through the floor, the pattern is complete.
The full descending triangle lesson, video and quiz ›
Other patterns on Filecoin
Inside bar · Spinning top · Stochastic bearish cross · Stochastic bullish cross · Volume profile rejection · Doji · Volume profile bounce · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · all of them
The descending triangle elsewhere
Polkadot · Aave · Bitcoin Cash
Questions
How often does the descending triangle work on Filecoin?
In 21 cases on Filecoin, the target (1.5 × ATR) came before the stop (1 × ATR) 43% of the time and the stop came first 52%; 5% went nowhere within 12 candles.
What is the descending triangle?
A flat floor and falling ceiling squeeze together, then price breaks down.