All patterns
Quasar-46 › LINKUSD (Chainlink / US Dollar) · Daily
Descending Triangle
Breakout confirmedBearish
Quality75%
Drag to rotate, scroll to zoom.
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.Copy the script and open the chart on TradingView.
- 2.Open the Pine Editor at the bottom, clear it and paste.
- 3.Click "Add to chart"; the drawings appear.
Swing points
| Point | Candle open (UTC) | Bar # | Price |
|---|---|---|---|
| L1 | Sep 23, 2026 | 0 | 12.055 |
| H2 | Sep 29, 2026 | 6 | 15.777 |
| L3 | Oct 8, 2026 | 15 | 12.091 |
| H4 | Oct 12, 2026 | 19 | 13.506 |
| L5 | Oct 18, 2026 | 25 | 11.531 |
| H6 | Oct 21, 2026 | 28 | 12.809 |
| BRK | Oct 25, 2026 | 11.536 |
Bar #: candles counted from the pattern's first point. Times are candle open times.
Lines
- ResistanceSep 23, 2026 · 16.464 → Oct 24, 2026 · 12.194
- SupportSep 23, 2026 · 12.147 → Oct 24, 2026 · 11.555
This pattern's track record
On the Daily chart
35%
Target reached after breakout
- Breakout rate
- 44%
- Reached half the target
- 57%
- Average time to target
- 52 days
- Cases
- 78 resolved cases
All timeframes
43%
Target reached after breakout
- Breakout rate
- 57%
- Reached half the target
- 59%
- Average time to target
- 12.3 days
- Cases
- 473 resolved cases
What is this pattern?
Lows stay level while highs fall. A close below support targets the triangle's starting height lower.
A close above the last high invalidates the pattern.
This is not investment advice. Patterns describe probabilities; the same pattern can resolve differently. Levels use classic technical-analysis measuring rules.