$KALU has once again experienced a Type 1 breakout, and it has already surpassed the expected target price. There is actually a logical support behind this — I analyzed 8 years of classic chart pattern statistics and found an interesting pattern: those breakouts that surge directly upward without any retracement along the way often exceed the original target price, with the extension being even greater. This information is indeed worth noting for traders. Often, the biggest mistake people make is underestimating the strength of breakouts without retracements — they tend to start reducing their positions near the target price, resulting in missing out on the subsequent extension of the trend.
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DegenDreamer
· 12h ago
The logic of going straight up without a pullback is something I haven't paid much attention to before. Eight years of data support is indeed convincing. But the real question is... how to ensure you don't reduce your position prematurely during actual trading? That's the true test.
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MemeTokenGenius
· 12h ago
Rising sharply without a pullback is the easiest way to miss out on the move. I've been caught in this situation several times.
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fren.eth
· 12h ago
I've never quite understood how Type 1 broke through, but your pattern based on 8 years of data is indeed interesting. I'll need to pay attention to it next time.
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All-InQueen
· 12h ago
No pullback and just a surge? I love this kind of market. That's how I got caught last time, haha.
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TestnetNomad
· 12h ago
Breaking through the target price directly without a pullback is indeed a ruthless pattern. Eight years of data support still carry some credibility. Next time, I need to remind myself not to rush into reducing positions at the target price.
$KALU has once again experienced a Type 1 breakout, and it has already surpassed the expected target price. There is actually a logical support behind this — I analyzed 8 years of classic chart pattern statistics and found an interesting pattern: those breakouts that surge directly upward without any retracement along the way often exceed the original target price, with the extension being even greater. This information is indeed worth noting for traders. Often, the biggest mistake people make is underestimating the strength of breakouts without retracements — they tend to start reducing their positions near the target price, resulting in missing out on the subsequent extension of the trend.