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 (18)

DYMDymension

4H

Falling channel · 4 touchesBreakout5h ago

$0.0196+10.28%

✓ Clear✕ Not clear

KEYCATKeyboard Cat (Base)

4H

Falling channel · 6 touchesBreakout9h ago

$0.0005440+4.62%

✓ Clear✕ Not clear

CORNCorn

4H

Falling channel · 7 touchesBreakout9h ago

$0.0251-0.28%

✓ Clear✕ Not clear

RESOLVResolv

4H

Falling channel · 4 touchesBreakout9h ago

$0.0176+8.03%

✓ Clear✕ Not clear

LVVALevva Protocol

1D

Falling channel · 4 touchesBreakout9h ago

$0.0006300+33.11%

✓ Clear✕ Not clear

MUBARAKMubarak

4H

Falling channel · 3 touchesBreakout9h ago

$0.0568+6.82%

✓ Clear✕ Not clear

MAGICTreasure

4H

Falling channel · 3 touchesBreakout9h ago

$0.0977+2.62%

✓ Clear✕ Not clear

ABTArcblock

4H

Falling channel · 3 touchesBreakout44m ago

$0.2970+4.28%

✓ Clear✕ Not clear

AVNTVeranta

4H

Falling channel · 3 touchesBreakout9h ago

$0.1194+5.33%

✓ Clear✕ Not clear

HFTHashflow

4H

Falling channel · 3 touchesBreakout9h ago

$0.005750-0.35%

✓ Clear✕ Not clear

CTSICartesi

1W

Falling channel · 4 touchesBreakout10d ago

$0.0316+0.21%

✓ Clear✕ Not clear

UBUnibase

1D

Falling channel · 4 touchesBreakout44m ago

$0.1322+4.00%

✓ Clear✕ Not clear

MAG7XONOndo Magnificent 7 and Crypto Portfolio

4H

Falling channel · undefined touchesBreakout9h ago

$5.542+1.41%

✓ Clear✕ Not clear

NMRNumeraire

4H

Falling channel · 3 touchesBreakout9h ago

$11.409+1.10%

✓ Clear✕ Not clear

PNGPangolin

4H

Falling channel · 4 touchesBreakout9h ago

$0.0287+0.60%

✓ Clear✕ Not clear

BGBBitget Token

4H

Falling channel · undefined touchesBreakout9h ago

$1.9315+1.29%

✓ Clear✕ Not clear

AAVEAave

4H

Falling channel · 3 touchesBreakout9h ago

$154.88+0.19%

✓ Clear✕ Not clear

KASKaspa

4H

Falling channel · 3 touchesBreakout13h ago

$0.0386+3.21%

✓ Clear✕ Not clear

12 on the watchlist

AVTAventus

1W

Falling channel · 4 touchesNear breakout2.5% from breakout

$0.3538+2.21%

✓ Clear✕ Not clear

BTSBitShares

4H

Falling channel · 4 touchesNear breakout0.7% from breakout

$0.001190+3.46%

✓ Clear✕ Not clear

EDENOpenEden

1D

Falling channel · 4 touchesNear breakout5.0% from breakout

$0.0598+0.12%

✓ Clear✕ Not clear

HAIHacken

1D

Falling channel · 3 touchesNear breakout4.5% from breakout

$0.001610+4.48%

✓ Clear✕ Not clear

CATSimon's Cat

4H

Falling channel · 3 touchesNear breakout0.9% from breakout

$0.000001855+2.71%

✓ Clear✕ Not clear

FWOGFwog

4H

Falling channel · 3 touchesNear breakout2.2% from breakout

$0.005173+1.00%

✓ Clear✕ Not clear

KASKaspa

1D

Falling channel · 3 touchesNear breakout4.5% from breakout

$0.0386+3.21%

✓ Clear✕ Not clear

HAEDALHaedal Protocol

4H

Falling channel · undefined touchesNear breakout1.8% from breakout

$0.0186+1.03%

✓ Clear✕ Not clear

SNEKSnek

4H

Falling channel · 3 touchesNear breakout2.5% from breakout

$0.0007450+5.97%

✓ Clear✕ Not clear

G3GAM3S.GG

1D

Falling channel · 3 touchesNear breakout2.6% from breakout

$0.0003690+1.79%

✓ Clear✕ Not clear

ETHFIEther.fi

1D

Falling channel · 3 touchesNear breakout3.0% from breakout

$0.7114-0.28%

✓ Clear✕ Not clear

BZZSwarm

4H

Falling channel · 4 touchesNear breakout2.4% from breakout

$0.0439+3.15%

✓ Clear✕ Not clear