SIX Network SIX

$0.004800+0.21% 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: Gate, MEXC.

Chart patterns

2-month rounding top · 2 testsBroke down · retested 257d ago1W
Ch 7: a slow, gradual dome as buying fades into selling. Confirmed by a close about 3% below the line ($0.0102). 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): $0.0363, 5.9% beyond the last minor top.
2-year symmetrical triangle · 2 testsBroke down · retested 341d 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 ($0.0165). Price has since come back to the line: a throwback, which the book calls normal and frequent, not a failure. Minimum target: $0.004035 (a minimum, not a limit). Magee stop (Ch 27): $0.0453, 6% beyond the last minor top.