All patterns

Orion-18 › DOGEUSD (Dogecoin / US Dollar) · 1h

Ascending Triangle

Breakout confirmedBullish
Quality96%

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Draw it on TradingView

No bar counting. Copy the Pine Script and paste it into TradingView; the pattern, breakout, target and invalidation lines are drawn on exactly these candles.

  1. 1.Copy the script and open the chart on TradingView.
  2. 2.Open the Pine Editor at the bottom, clear it and paste.
  3. 3.Click "Add to chart"; the drawings appear.

Swing points

PointCandle open (UTC)UTCBar #Price
L1Oct 30, 06:00 PMOct 30, 06:00 PM00.07452
H2Oct 31, 12:00 AMOct 31, 12:00 AM60.07645
L3Oct 31, 08:00 AMOct 31, 08:00 AM140.07485
H4Oct 31, 10:00 PMOct 31, 10:00 PM280.07626
L5Nov 1, 04:00 AMNov 1, 04:00 AM340.07538
BRKNov 2, 03:00 AMNov 2, 03:00 AM0.07601

Bar #: candles counted from the pattern's first point. Times are candle open times.

Lines

  • ResistanceOct 30, 06:00 PM · 0.07650 → Nov 1, 09:00 PM · 0.07606
  • SupportOct 30, 06:00 PM · 0.07451 → Nov 1, 09:00 PM · 0.07580

This pattern's track record

On the 1h chart

51%

Target reached after breakout

Breakout rate
57%
Reached half the target
68%
Average time to target
4 days
Cases
144 resolved cases

All timeframes

51%

Target reached after breakout

Breakout rate
64%
Reached half the target
66%
Average time to target
19 days
Cases
608 resolved cases

What is this pattern?

Highs stay level while lows rise. A close above resistance targets the triangle's starting height higher.

A close below the last low invalidates the pattern.

This is not investment advice. Patterns describe probabilities; the same pattern can resolve differently. Levels use classic technical-analysis measuring rules.

DOGEUSD 1h Ascending Triangle | IndicatorScan