The descending triangle is also a very reliable and easily detected trend continuation figure. It always occurs in bearish tendencies and occurs when the price "takes a break" in its fall.
As happened with the ascendant, to be sure that it is a triangle there must be at least 4 points of contact, two minimums (of the same level) and two maximums (the second being...
According whit structure of ascending triangle Iota in the frame time 4h, breaks the resistance guideline,accompanied by volume.
Still have to be cautious and expect it to cross the resistance of 2.24 for further confirmation.