FLOKI FLOKI

$0.00002383-1.24% 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, Gate.

Chart patterns

4-week falling wedge · 3 testsBroke out · retested 2d ago4H
Ch 10: two falling lines converging; it normally breaks up, at least two-thirds of the way to the apex. Confirmed by a close about 3% above the line ($0.00002391) on 2.6× normal volume. Price has since come back to the line: a pullback, which the book calls normal and frequent, not a failure. Minimum target: $0.00003090 (a minimum, not a limit). Magee stop (Ch 27): $0.00002115, 5% beyond the last minor bottom.
4-week falling wedge · 4 testsBroke out 31d ago1D
Ch 10: two falling lines converging; it normally breaks up, at least two-thirds of the way to the apex. Confirmed by a close about 3% above the line ($0.00002370) on 6.0× normal volume. Minimum target: $0.00003130 (a minimum, not a limit). Magee stop (Ch 27): $0.00002139, 5.2% beyond the last minor bottom.