MoveFX

DOGECOIN Head and shoulder pattern?

做空
We could see the price plummeted from the high 0.1500 level. Dogecoin had a bull run after Elon Musk's acquisition of Twitter. Presently, in the above chart, we can see buyers closing their positions. Where is the afterward price direction?
At the 4HR timeframe, there's a head and shoulder pattern structure. Could sellers push the price beneath the price neckline of 0.11500?
I aim to take a short trade if sellers advance price beneath the neckline level.

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