Geodnet GEOD

$0.2595-0.61% 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

13-day falling wedge · 2 testsBroke out 3d 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 ($0.2345) on 2.0× normal volume. Minimum target: $0.3414 (a minimum, not a limit). Magee stop (Ch 27): $0.2364, 5% beyond the last minor bottom.
4-day bearish pennant · 3 testsBroke down · retested 8d ago4H
Ch 11: a small converging pause on light volume after a near-vertical fall. Confirmed by a close about 3% below the line ($0.2569). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. Minimum target: $0.2139 (a minimum, not a limit). Magee stop (Ch 27): $0.2846, 5% beyond the last minor top.
4-day bearish pennant · 3 testsBroke down 9d ago4H
Ch 11: a small converging pause on light volume after a near-vertical fall. Confirmed by a close about 3% below the line ($0.2707). Minimum target: $0.2254 (a minimum, not a limit). Magee stop (Ch 27): $0.3280, 5% beyond the last minor top. It broke on a gap (Ch 12: a breakaway gap adds force).

2-month symmetrical triangle · 2 testsFakeout 8d 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 ($0.2777) on 2.6× normal volume. It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $0.4891 (a minimum, not a limit). Magee stop (Ch 27): $0.1969, 5.4% beyond the last minor bottom.