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ClearBreaksEdwards & Magee edition

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Gram (prev. Toncoin) GRAM

$1.324-1.49% 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, MEXC.

Chart patterns

Breakouts & breakdowns

3-month descending triangle · 2 testsBroke out · retested 30d ago1D
Ch 8: a flat floor with falling highs, volume shrinking toward the apex. Confirmed by a close about 3% above the line ($1.4048) on 2.3× normal volume. Price has since come back to the line: a pullback, which the book calls normal and frequent, not a failure. Minimum target: $1.8229 (a minimum, not a limit). Magee stop (Ch 27): $1.2217, 5% beyond the last minor bottom.

Fakeouts

8-week triple bottom · 3 testsFakeout 23d ago1D
Ch 9: three bottoms at about the same level, volume lighter on each. Confirmed by a close about 3% above the line ($1.561) on 3.6× normal volume. It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $1.8948 (a minimum, not a limit). Magee stop (Ch 27): $1.2217, 5% beyond the last minor bottom.

Watchlist

3-month flat support · 4 tests2.3% from breakdown1D
Ch 13: a level that held two declines after a move of 10% or more; broken, old support tends to become resistance. Not broken yet: a close below $1.286 by about 3% would confirm it.