Arcblock ABT

$0.2775+1.43% 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: Coinbase.

Chart patterns

2-month rounding bottom · 2 testsBroke out 201d ago1W
Ch 7: a slow, gradual bowl as selling fades into buying, volume bowling with it. Confirmed by a close about 3% above the line ($0.2078) on 10.7× normal volume. The book gives no measuring rule for this one. Magee stop (Ch 27): $0.0592, 9% beyond the last minor bottom.

12-day falling wedge · 2 testsFakeout 26h ago4H
Ch 10: two falling lines converging; it normally breaks up, at least two-thirds of the way to the apex. Confirmed by a close about 3% above the line ($0.2862) on 2.4× normal volume. It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $0.3800 (a minimum, not a limit). Magee stop (Ch 27): $0.2660, 5% beyond the last minor bottom.
5-month rounding bottom · 2 testsFakeout 5d ago1W
Ch 7: a slow, gradual bowl as selling fades into buying, volume bowling with it. Confirmed by a close about 3% above the line ($0.3281) on 4.8× normal volume. It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). The book gives no measuring rule for this one. Magee stop (Ch 27): $0.1375, 8.3% beyond the last minor bottom.