Moo Deng MOODENG

$0.0424+3.93% 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, MEXC.

Chart patterns

5-month descending triangle · 2 testsBroke down · retested 348d ago1W
Ch 8: a flat floor with falling highs, volume shrinking toward the apex. Confirmed by a close about 3% below the line ($0.1226). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. The book gives no measuring rule for this one. Magee stop (Ch 27): $0.2771, 15% beyond the last minor top.
5-month symmetrical triangle · 2 testsBroke down · retested 369d ago1W
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 ($0.1222). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. Minimum target: $0.0693 (a minimum, not a limit). Magee stop (Ch 27): $0.2925, 15% beyond the last minor top.

2-month rectangle · 2 testsFakeout 59d ago1D
Ch 9: price trading between a level ceiling and a level floor. Confirmed by a close about 3% above the line ($0.0450) on 3.0× normal volume. It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $0.0606 (a minimum, not a limit). Magee stop (Ch 27): $0.0317, 5% beyond the last minor bottom.