RICERice AI
4HAsc. triangle · 5 testsBreakdown
$0.006217-6.24%
Ascending Triangle
Flat resistance tested several times above rising swing lows; completes on a close above resistance.
An ascending triangle has a horizontal upper boundary and a rising lower boundary. Each pullback stops at a higher low while sellers keep defending the same level, until the level gives way. It is classified as a bullish pattern.
Breakouts near the apex tend to be weak; a close back below resistance often negates the pattern.
How we define it
- Resistance: a best-fit horizontal level through at least 3 swing highs (2 on 1W)
- Support: a rising line through at least 3 swing lows from the pattern low, spanning most of the pattern; no close below it
- The range narrows to at most 60% of its starting height; the breakout comes before 3/4 of the way to the apex
- Minimum length: 2 months on 1D, 3 months on 1W, 10 days on 4H (from the first boundary test to the breakout or breakdown)
- Breakout (up) / breakdown (down): the first candle close above the upper boundary or below the lower boundary by at least 3% on 1D and 1W (1.5% on 4H), following Edwards & Magee
- 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 meets the length and test rules, has not broken yet, and price is within 3% (or 1 ATR, at most 6%) of the boundary
Recent breakouts & breakdowns (12)
CHILLGUYJust a chill guy
4HAsc. triangle · 4 testsBreakdown
$0.009475-8.59%
CVXConvex Finance
4HAsc. triangle · 4 testsBreakout
$2.454-5.51%
A
ASMLStock ASML
4HAsc. triangle · 3 testsBreakdown
$1,563.96-6.84%
DRIFTDrift Protocol
4HAsc. triangle · 2 testsBreakdown
$0.0146-8.77%
INJInjective
1HAsc. triangle · 3 testsBreakdown
$8.033-5.69%
SXTSpace and Time
1DAsc. triangle · 2 testsRetest
$0.007780-7.82%
TURBOTurbo
1DAsc. triangle · 2 testsBreakdown
$0.0008946+4.27%
ORAIOraichain
4HAsc. triangle · 2 testsRetest
$0.4715-3.32%
MEMEMemecoin
1DAsc. triangle · 2 testsBreakdown
$0.0004779-6.66%
MTLMetal DAO
4HAsc. triangle · 3 testsBreakdown
$0.2562-2.21%
TOWERTower
4HAsc. triangle · 2 testsRetest
$0.0001637-5.16%
24 on the watchlist
SUNSun Token
4HAsc. triangle · 8 testsNear breakdown<0.1% from breakdown
$0.0164-0.89%
S
SPXIndex S&P 500
4HAsc. triangle · 9 testsNear breakdown0.4% from breakdown
$7,662.8-1.21%
P
PBCommodity Lead
4HAsc. triangle · 5 testsNear breakdown0.8% from breakdown
$1,896.78-0.40%
D
DJIIndex Dow Jones
4HAsc. triangle · 8 testsNear breakdown0.9% from breakdown
$52,855.8+0.02%
JSTJUST
4HAsc. triangle · 4 testsNear breakdown0.5% from breakdown
$0.1395+0.40%
S
SPXIndex S&P 500
1DAsc. triangle · 7 testsNear breakout1.7% from breakout
$7,662.8-1.21%
SUNSun Token
4HAsc. triangle · 9 testsNear breakout1.7% from breakout
$0.0164-0.89%
S
SPXIndex S&P 500
4HAsc. triangle · 14 testsNear breakout2.0% from breakout
$7,662.8-1.21%
A
AMGNStock Amgen
4HAsc. triangle · 3 testsNear breakout<0.1% from breakout
$447.25+1.99%
D
DXYIndex US Dollar Index
1DAsc. triangle · 11 testsNear breakdown2.7% from breakdown
$101.41-0.01%
BCHBitcoin Cash
1HAsc. triangle · 3 testsNear breakdown0.5% from breakdown
$274.30-4.52%
C
COSTStock Costco
4HAsc. triangle · 5 testsNear breakdown2.9% from breakdown
$1,019.38+2.10%
S
SPXIndex S&P 500
1DAsc. triangle · 3 testsNear breakdown0.7% from breakdown
$7,662.8-1.21%
ARBArbitrum
4HAsc. triangle · 3 testsNear breakdown0.8% from breakdown
$0.1807-7.69%
W
WMTStock Walmart
4HAsc. triangle · 2 testsNear breakout<0.1% from breakout
$121.21+2.92%
R
RDDTStock Reddit
4HAsc. triangle · 4 testsNear breakdown2.7% from breakdown
$150.48-1.96%
ASTERAster
4HAsc. triangle · 4 testsNear breakdown2.7% from breakdown
$0.6983-2.61%
OGNOrigin Token
4HAsc. triangle · 2 testsNear breakdown0.6% from breakdown
$0.0294-1.11%
METISMetis
4HAsc. triangle · 3 testsNear breakdown2.6% from breakdown
$3.953-6.92%
OGNOrigin Token
4HAsc. triangle · 3 testsNear breakout2.7% from breakout
$0.0294-1.11%
JASMYJasmyCoin
4HAsc. triangle · 3 testsNear breakdown2.7% from breakdown
$0.004510-7.20%
A
ASMLStock ASML
1DAsc. triangle · 2 testsNear breakdown1.9% from breakdown
$1,563.96-6.84%
W
WMTStock Walmart
4HAsc. triangle · 2 testsNear breakdown2.7% from breakdown
$121.21+2.92%
SYNSynapse
4HAsc. triangle · 2 testsNear breakdown2.8% from breakdown
$0.1708-8.02%