dYdX DYDX

$0.1169+0.29% 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.

Chart patterns

4-week flat support · 4 testsBroke down · retested 8d ago4H
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 ($0.1251). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. The book gives no measuring rule for this one. Magee stop (Ch 27): $0.1514, 5% beyond the last minor top.
5-week symmetrical triangle · 2 testsBroke out 31d 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% above the line ($0.1233) on 2.2× normal volume. Minimum target: $0.1431 (a minimum, not a limit). Magee stop (Ch 27): $0.0954, 6.5% beyond the last minor bottom.

4-week 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 ($0.1158). It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $0.0877 (a minimum, not a limit). Magee stop (Ch 27): $0.1373, 6.5% beyond the last minor top.