Akash Network AKT

$0.6924+0.04% 24h

Lines are each pattern's own boundaries (support, resistance or neckline; grey = the pattern's swings), drawn only on the timeframe where it formed.

Minimum target (book measuring rule)Magee stop

Candles: Kraken, Gate.

Chart patterns

18-month inverse head and shoulders · 2 testsBroke out · retested 11d ago1W
Ch 6: three declines with the middle one (the head) lowest; the neckline joins the two rally highs and may slope. Confirmed by a close about 3% above the neckline ($0.7319) on 1.6× normal volume. Price has since come back to the neckline: a pullback, which the book calls normal and frequent, not a failure. Minimum target: $3.4748 (a minimum, not a limit). Magee stop (Ch 27): $0.3737, 8.5% beyond the last minor bottom.
5-week rectangle · 2 testsBroke out 29d ago1D
Ch 9: price trading between a level ceiling and a level floor. Confirmed by a close about 3% above the line ($0.6135) on 3.7× normal volume. Minimum target: $0.7722 (a minimum, not a limit). Magee stop (Ch 27): $0.4586, 5.9% beyond the last minor bottom.
8-week ascending triangle · 2 testsBroke out 31d ago1D
Ch 8: a flat ceiling with rising lows, volume shrinking toward the apex. Confirmed by a close about 3% above the line ($0.6073) on 6.1× normal volume. Minimum target: $0.7193 (a minimum, not a limit). Magee stop (Ch 27): $0.4573, 6.4% beyond the last minor bottom.