AWE Network AWE

$0.0644-2.40% 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: Coinbase, MEXC.

Chart patterns

4-month rising wedge · 2 testsFakeout 2d ago1D
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 ($0.0641). It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $0.0492 (a minimum, not a limit). Magee stop (Ch 27): $0.0812, 5% beyond the last minor top.
4-month symmetrical triangle · 2 testsFakeout 24d 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 ($0.0678) on 3.3× normal volume. It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $0.0842 (a minimum, not a limit). Magee stop (Ch 27): $0.0547, 5% beyond the last minor bottom.

2-week symmetrical triangle · 3 tests2.5% from breakdown4H
Ch 8: falling highs and rising lows converging, volume shrinking; the book warns it is the triangle most prone to false moves. Not broken yet: a close below $0.0628 by about 3% would confirm it. Minimum target: $0.0560 (a minimum, not a limit).