Head & right shoulder (Weekly) Dump incoming! 49k-53k
Updated
In the big picture. We can notice the pattern's right shoulder that has not been created properly yet
49K could be the bigger resistance and the market could enter the long-range sideways between 49k to 53k
If it lost the range there and the head and shoulder pattern could be validated so that Downside can be started.
When we look at the daily. It is quite optimistic but the right shoulder is not there yet. This is how it seems to me.
If you would like to see my new gem and other altcoins gems, don't skippy, bounce your sticky money on the like button.
Thank you very much!
49K could be the bigger resistance and the market could enter the long-range sideways between 49k to 53k
If it lost the range there and the head and shoulder pattern could be validated so that Downside can be started.
When we look at the daily. It is quite optimistic but the right shoulder is not there yet. This is how it seems to me.
If you would like to see my new gem and other altcoins gems, don't skippy, bounce your sticky money on the like button.
Thank you very much!
Trade closed: target reached
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