Ankr Network ANKR

$0.004300+4.37% 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, MEXC.

Chart patterns

7-day flat support · 2 testsBroke down · retested 8d ago4H
Ch 13: a level that held two declines after a move of 10% or more; broken, old support tends to become resistance. Confirmed by a close about 3% below the line ($0.004390). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. The book gives no measuring rule for this one. Magee stop (Ch 27): $0.004884, 5% beyond the last minor top. It broke on a gap (Ch 12: a breakaway gap adds force).
4-day bear flag · 4 testsBroke down 9d ago4H
Ch 11: a short drift up on light volume after a near-vertical fall (the mast). Confirmed by a close about 3% below the line ($0.004678). Minimum target: $0.004140 (a minimum, not a limit). Magee stop (Ch 27): $0.005221, 5% beyond the last minor top.

8-day inverse head and shoulders · 2 tests1.2% from breakout4H
Ch 6: three declines with the middle one (the head) lowest; the neckline joins the two rally highs and may slope. Not broken yet: a close above $0.004352 by about 3%, on a clear rise in volume, would confirm it. Minimum target: $0.004940 (a minimum, not a limit).