Jito JTO

$0.4649-0.81% 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

7-day double top · 2 testsBroke down · retested 8d ago4H
Ch 9: two tops within 3% of each other, more than a month apart, with a dip of at least 15% between them. Confirmed by a close about 3% below the line ($0.4917). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. Minimum target: $0.4126 (a minimum, not a limit). Magee stop (Ch 27): $0.5800, 5% beyond the last minor top.
3-week symmetrical triangle · 4 testsBroke down 8d 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 ($0.5108). Minimum target: $0.3877 (a minimum, not a limit). Magee stop (Ch 27): $0.5800, 5% beyond the last minor top.
5-month rounding bottom · 2 testsBroke out · retested 137d ago1W
Ch 7: a slow, gradual bowl as selling fades into buying, volume bowling with it. Confirmed by a close about 3% above the line ($0.5272) on 3.7× normal volume. Price has since come back to the line: a pullback, which the book calls normal and frequent, not a failure. The book gives no measuring rule for this one. Magee stop (Ch 27): $0.1930, 8.8% beyond the last minor bottom.