MESSIER M87

$0.00001744-1.91% 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, BingX.

Chart patterns

13-day rising wedge · 2 testsBroke down 42h ago4H
Ch 10: two rising lines converging; it normally breaks down, at least two-thirds of the way to the apex. Confirmed by a close about 3% below the line ($0.00002117). Minimum target: $0.00001824 (a minimum, not a limit). Magee stop (Ch 27): $0.00002015, 5% beyond the last minor top.
6-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 ($0.00001679) on 2.5× normal volume. Minimum target: $0.00001914 (a minimum, not a limit). Magee stop (Ch 27): $0.00001519, 5% beyond the last minor bottom.
3-month inverse head and shoulders · 2 testsBroke out 42d ago1D
Ch 6: three declines with the middle one (the head) lowest; the neckline joins the two rally highs and may slope. Confirmed by a close about 3% above the neckline ($0.000007238) on 2.4× normal volume. The book gives no measuring rule for this one. Magee stop (Ch 27): $0.000004639, 7.4% beyond the last minor bottom.