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ClearBreaksEdwards & Magee edition

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BLOCKLORDS LRDS

$0.0126-3.25% 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

Breakouts & breakdowns

3-week bear flag · 3 testsBroke down · retested 28d ago1D
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 ($0.0169). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. Minimum target: $0.0118 (a minimum, not a limit). Magee stop (Ch 27): $0.0239, 5.1% beyond the last minor top.

Fakeouts

2-month flat support · 3 testsFakeout 9d ago1D
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 ($0.0154). 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): $0.0219, 5% beyond the last minor top.