Pyth Network PYTH

$0.0732-4.09% 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.

Chart patterns

4-month symmetrical triangle · 2 testsBroke out · retested 33d ago1D
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% above the line ($0.0592) on 2.0× normal volume. Price has since come back to the line: a pullback, which the book calls normal and frequent, not a failure. Minimum target: $0.0905 (a minimum, not a limit). Magee stop (Ch 27): $0.0472, 5.7% beyond the last minor bottom.
2-year symmetrical triangle · 2 testsBroke down 333d 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 ($0.0872). Minimum target: $0.007916 (a minimum, not a limit). Magee stop (Ch 27): $0.6118, 9.5% beyond the last minor top.

4-week head and shoulders top · 2 tests2.0% from breakdown4H
Ch 6: three rallies with the middle one (the head) highest; the neckline joins the two reaction lows and may slope. Not broken yet: a close below $0.0718 by about 3% would confirm it. Minimum target: $0.0574 (a minimum, not a limit).