DIA DIA

$0.1556-3.63% 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, Gate.

Chart patterns

3-day bear flag · 3 testsBroke down · retested 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 ($0.1676). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. Minimum target: $0.1458 (a minimum, not a limit). Magee stop (Ch 27): $0.1959, 5% beyond the last minor top.
13-month symmetrical triangle · 2 testsBroke down 340d ago1W
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 ($0.4305). Minimum target: $0.2495 (a minimum, not a limit). Magee stop (Ch 27): $1.3434, 9.7% beyond the last minor top.

2-week falling wedge · 3 tests0.7% from breakout4H
Ch 10: two falling lines converging; it normally breaks up, at least two-thirds of the way to the apex. Not broken yet: a close above $0.1567 by about 3%, on a clear rise in volume, would confirm it. Minimum target: $0.1909 (a minimum, not a limit).