Weekly time frame is a clear inverse head and shoulder, as you can see we currently breaking the neckline of the resistance. We should find support around the 45$ And if is it play out, the target will be around 69$
Believe or not next stop will be around 37, it probably gonna recover faster to 39-40$ then blast off to all time high
hassanfor149
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it's not inverse head and shoulder. where is the body?? and where is the resistance level if it's inverse head and shoulder?? you should learn about patterns it looks like it can be made a double top pattern.
Volatility90
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@hassanfor149 are you blind? Neck line is not always flat, first, and even a kid could see the body of the inverse head and shoulder
hassanfor149
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@Volatility90 you should check some examples of inverse head and shoulders patterns on google. you don't know what is inverse head and shoulders.
Volatility90
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@hassanfor149 you really need to study a bit before comments people
simpsonepic1a
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Whats the support now that its under 45?Looks like BTC will dump?
JayJay425
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@simpsonepic1a, I feel like 40-41 is the last support to push to that 69 level