Descending Channel

How we define it

• Sloping lines: drawn through swing highs or lows with distinct touches (at least 3 candles apart) within about 0.4 ATR; no swing pokes through a line and no close is outside it before the break
• At least 3 distinct touches on each line; parallel (height ratio 0.8-1.25) and clearly falling
• Both lines tested in the last third; closes reach the top and bottom fifth at least twice each
• Minimum length: 2 months on 1D, 3 months on 1W, 10 days on 4H
• Breakout (up) / breakdown (down): the first candle close beyond the boundary by at least 3% on 1D and 1W (1.5% on 4H)
• Failed breaks: a breakout or breakdown that closes back inside the boundary within 6 candles on 4H, 5 on 1D or 3 on 1W is removed from the list
• Trend filter: breakouts only above the 200-period EMA (40-week EMA on 1W), breakdowns only below it
• Watchlist: the pattern is complete but unbroken and price is within 3% (or 1 ATR, at most 6%) of the boundary

Recent breakouts & breakdowns (5)

ARTFIARTFI

4H

Falling channel · 3 touchesBreakout2h ago

$0.001397+37.35%

✓ Clear✕ Not clear

TThreshold Network

1D

Falling channel · 3 touchesBreakout30h ago

$0.004791-13.29%

✓ Clear✕ Not clear

CLANKERtokenbot

1D

Falling channel · 3 touchesBreakout2d ago

$13.48+3.77%

✓ Clear✕ Not clear

AKTAkash Network

4H

Falling channel · 3 touchesBreakout18h ago

$0.6766+5.34%

✓ Clear✕ Not clear

MINMinswap

4H

Desc. channel · 4 testsBreakdown3d ago

$0.003042-1.17%

✓ Clear✕ Not clear

11 on the watchlist

FUELFuel Network

4H

Falling channel · 5 touchesNear breakout0.3% from breakout

$0.0007961+0.10%

✓ Clear✕ Not clear

PCIPaycoin

1D

Falling channel · 6 touchesNear breakout3.0% from breakout

$0.0369+1.29%

✓ Clear✕ Not clear

BCHBitcoin Cash

4H

Falling channel · 4 touchesNear breakout0.9% from breakout

$281.83+1.82%

✓ Clear✕ Not clear

EYWAEYWA

4H

Falling channel · 5 touchesNear breakout7.0% from breakout

$0.0006240+6.63%

✓ Clear✕ Not clear

SCRScroll

4H

Falling channel · 3 touchesNear breakout0.8% from breakout

$0.0196+1.29%

✓ Clear✕ Not clear

UBIKubik

4H

Falling channel · 3 touchesNear breakout2.4% from breakout

$0.005540+18.88%

✓ Clear✕ Not clear

NUMNumbers Protocol

1W

Falling channel · 3 touchesNear breakout21.9% from breakout

$0.002827-9.10%

✓ Clear✕ Not clear

NEXONEXO

4H

Desc. channel · 8 testsNear breakdown3.5% from breakdown

$0.8065+0.66%

✓ Clear✕ Not clear

OTKOctokn

4H

Falling channel · 3 touchesNear breakout1.2% from breakout

$0.002122+1.47%

✓ Clear✕ Not clear

AVaulta

4H

Falling channel · 3 touchesNear breakout0.4% from breakout

$0.0907+3.75%

✓ Clear✕ Not clear

RESOLVResolv

4H

Falling channel · 3 touchesNear breakout2.1% from breakout

$0.0168+2.19%

✓ Clear✕ Not clear