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Crypto · chart pattern

Ascending triangle on Stellar

On Stellar the ascending triangle showed up 23 times. The target came first 26% of the time, the stop 74%, and 0% went nowhere within 12 candles.

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

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
4-hour250%50%0%
Hourly2124%76%0%

Stellar against the rest

ChartsFoundTarget firstStop firstWent nowhere
Stellar2326%74%0%
All Crypto charts50736%60%4%
Every market68037%59%4%

Year by year

YearFoundTarget firstStop first
2021333%67%
202250%100%
2023617%83%
202430%100%
20264100%0%

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 ascending triangle is

A flat ceiling and rising floor squeeze together, then price breaks up.

Imagine bouncing a ball under a low ceiling while the floor slowly rises beneath it. Each bounce has less room, until the ball has to escape somewhere. An ascending triangle is price squeezed like that, and here it escapes through the ceiling.

The full ascending triangle lesson, video and quiz ›

Other patterns on Stellar

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

The ascending triangle elsewhere

Solana · Litecoin · BNB · Cardano · Polkadot · Aave · Hedera · Dogecoin · TRON

Questions

How often does the ascending triangle work on Stellar?

In 23 cases on Stellar, the target (1.5 × ATR) came before the stop (1 × ATR) 26% of the time and the stop came first 74%; 0% went nowhere within 12 candles.

What is the ascending triangle?

A flat ceiling and rising floor squeeze together, then price breaks up.