Downtrend line escape
BullishPrice rode a line of falling highs down, then closed above it — an escape from the downtrend
Textbook shape
How to read it
Price rides a downtrend line drawn through falling highs, then a bar finally closes above it. Two touches can be luck; escaping a line that capped price three or more times means the sellers leaning on it stopped winning.
Wicks poking through don't count — the verdict is the close. SQMATE keeps only trendlines with three or more touches and detects the closing break.
Real example
US stockRIOTWeekly
Completed 2023-03-03
CryptoSOL-USDWeekly
Completed 2025-06-29
A window SQMATE's detectors actually flagged in past bars. It records a day that worked out — the same shape doesn't always resolve the same way.
On SQMATE
No more eyeballing charts
You don't have to flip through charts hunting for shapes. Signal watch pings your browser the moment a condition is met, patterns on your watchlist arrive by email, and the screener lists every symbol that matched today.
SQMATE draws the lines
Support lines, trendlines, channels — the lines you need to read a pattern are drawn for you, so no time goes into drawing.
Patterns aren't the whole story
The same shape doesn't always resolve the same way. It's safer to read it together with candles, volume, and market context — news, catalysts, flows.