USD.AI CHIP

$0.0447-5.08% 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: OKX, Kraken.

Chart patterns

4-week ascending channel · 3 testsFakeout 3d ago4H
Ch 14: an up-trendline with a parallel return line; only the trendline itself gives a signal. Confirmed by a close about 3% below the line ($0.0431). 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): $0.0757, 5.3% beyond the last minor top.
5-month inverse head and shoulders · 2 testsFakeout 8d ago1D
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 ($0.0588) on 3.9× normal volume. It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $0.0965 (a minimum, not a limit). Magee stop (Ch 27): $0.0374, 9.2% beyond the last minor bottom.