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The descending triangle is not very common, but quite a simple figure of technical analysis. To form the figure, you need a clear support zone, with at least 2 touches, and a downtrend resistance line, which forms the upper side of the triangle.

Important elements of the pattern!!

-The price waves should form a clear support zone. Naturally, it may not be perfectly horizontal and the levels of lows may be slightly different, but it should be a horizontal support zone with at least 2 touches.
-On the downside of the waves, the price should draw a descending resistance line. The price should touch it at least 2 times.
-Trading volume during the formation of the pattern usually decreases. But at the very end of the figure, the volume increases significantly.
-When the price crosses the support zone, the figure comes to an end. Often this final crossing is accompanied by high volume.
-Support turns into resistance, and after crossing the support, the price can retest this broken level.

@CryptoClassics