Nillion NIL

$0.0843+0.96% 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: Kraken.

Chart patterns

Breakouts & breakdowns

2-month rounding top · 2 testsBroke down · retested 260d ago1W
Ch 7: a slow, gradual dome as buying fades into selling. Confirmed by a close about 3% below the line ($0.0545). 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): $0.4122, 9.6% beyond the last minor top.

Fakeouts

14-day descending triangle · 2 testsFakeout 9d ago4H
Ch 8: a flat floor with falling highs, volume shrinking toward the apex. Confirmed by a close about 3% below the line ($0.0783). It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $0.0575 (a minimum, not a limit). Magee stop (Ch 27): $0.1032, 5.2% beyond the last minor top.
12-day symmetrical triangle · 2 testsFakeout 9d 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 ($0.0808). It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $0.0620 (a minimum, not a limit). Magee stop (Ch 27): $0.1032, 5.2% beyond the last minor top.
11-day flat support · 2 testsFakeout 9d ago4H
Ch 13: a level that held two declines after a move of 10% or more; broken, old support tends to become resistance. Confirmed by a close about 3% below the line ($0.0770). It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). The book gives no measuring rule for this one. Magee stop (Ch 27): $0.1032, 5.2% beyond the last minor top.
2-month inverse head and shoulders · 2 testsFakeout 23d 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 ($0.0782) on 9.3× normal volume. It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $0.0983 (a minimum, not a limit). Magee stop (Ch 27): $0.0354, 8.9% beyond the last minor bottom.