Jimothy The Raccoon JIMOTHY

$0.002272-1.77% 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: MEXC.

Chart patterns

7-day rectangle · 2 testsBroke down · retested 3d ago4H
Ch 9: price trading between a level ceiling and a level floor. Confirmed by a close about 3% below the line ($0.002692). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. Minimum target: $0.002048 (a minimum, not a limit). Magee stop (Ch 27): $0.003634, 5.3% beyond the last minor top.
11-day symmetrical triangle · 2 testsBroke down · retested 4d ago4H
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 ($0.002844). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. Minimum target: $0.002241 (a minimum, not a limit). Magee stop (Ch 27): $0.003638, 5.4% beyond the last minor top.
2-month symmetrical triangle · 2 testsBroke down · retested 20d 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 ($0.003993). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. Minimum target: $0.0008107 (a minimum, not a limit). Magee stop (Ch 27): $0.008588, 15% beyond the last minor top.