Nexa NEXA

$8.557e-7-8.28% 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

13-day rising wedge · 2 testsBroke down 2d 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 ($0.000001121). Minimum target: $8.307e-7 (a minimum, not a limit). Magee stop (Ch 27): $0.000001355, 5% beyond the last minor top.
5-day rectangle · 2 testsBroke out 6d ago4H
Ch 9: price trading between a level ceiling and a level floor. Confirmed by a close about 3% above the line ($0.000001098) on 1.6× normal volume. Minimum target: $0.000001228 (a minimum, not a limit). Magee stop (Ch 27): $9.329e-7, 5% beyond the last minor bottom.
5-month flat resistance · 2 testsBroke out 56d ago1D
Ch 13: a level that stopped two rallies after a move of 10% or more; broken, old resistance tends to become support. Confirmed by a close about 3% above the line ($5.931e-7) on 2.5× normal volume. The book gives no measuring rule for this one. Magee stop (Ch 27): $4.841e-7, 5% beyond the last minor bottom.
7-month symmetrical triangle · 2 testsBroke down 383d 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 ($0.000001156). Minimum target: $6.402e-7 (a minimum, not a limit). Magee stop (Ch 27): $0.000001953, 10.4% beyond the last minor top.