Circle CRCL

StockCircle · CRCL perp · MEXC

$87.02+1.86% 1D

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: MEXC perpetual contract.

Prices are MEXC CRCL perpetual-contract prices that track Circle; they are not official exchange quotes and can differ from them, especially outside US market hours. Weekend and US-holiday candles are left out. Not investment advice.

Chart patterns

Breakouts & breakdowns

4-week inverse head and shoulders · 2 testsBroke out · retested 45h ago4H
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 ($85.4883) on 4.0× normal volume. Price has since come back to the neckline: a pullback, which the book calls normal and frequent, not a failure. Minimum target: $100.163 (a minimum, not a limit). Magee stop (Ch 27): $76.019, 5% beyond the last minor bottom.
3-month rising wedge · 2 testsBroke down 74d 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 ($121.114). The book gives no measuring rule for this one. Magee stop (Ch 27): $78.9637, 8.1% beyond the last minor top.

Fakeouts

3-week descending triangle · 3 testsFakeout 8d ago4H
Ch 8: a flat floor with falling highs, volume shrinking toward the apex. Confirmed by a close about 3% below the line ($79.1153). It then closed 3% back inside the pattern: the book treats that as a failed signal (fakeout). Minimum target: $64.6911 (a minimum, not a limit). Magee stop (Ch 27): $92.2316, 5% beyond the last minor top.

Watchlist

10-day rising wedge · 2 tests1.6% from breakdown4H
Ch 10: two rising lines converging; it normally breaks down, at least two-thirds of the way to the apex. Not broken yet: a close below $85.6415 by about 3% would confirm it. Minimum target: $75.05 (a minimum, not a limit).