Degen DEGEN

$0.0009616-0.03% 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, MEXC.

Chart patterns

2-month symmetrical triangle · 2 testsFakeout 34d ago1D
Ch 8: falling highs and rising lows converging, volume shrinking; the book warns it is the triangle most prone to false moves. Confirmed by a close about 3% below the line ($0.001027). It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $0.0007908 (a minimum, not a limit). Magee stop (Ch 27): $0.001451, 7% beyond the last minor top.

6-day ascending triangle · 3 tests1.8% from breakdown4H
Ch 8: a flat ceiling with rising lows, volume shrinking toward the apex. Not broken yet: a close below $0.0009451 by about 3% would confirm it. Minimum target: $0.0009302 (a minimum, not a limit).
2-month head and shoulders top · 2 tests2.2% from breakdown1D
Ch 6: three rallies with the middle one (the head) highest; the neckline joins the two reaction lows and may slope. Not broken yet: a close below $0.0009305 by about 3% would confirm it. Minimum target: $0.0008814 (a minimum, not a limit).