- Massive head and shoulders pattern is currently forming on Daily chart
- The main Trend line is also broken on LOG chart
- The price is below 20 moving average
- This formation is bearish and we can expect lower prices in the future - my target is around 10 USD
- If you use Volume Profile (Fixed range), you can see a good support level around 10 USD (Point of Control)
If you want more of these ideas, please hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓
- The main Trend line is also broken on LOG chart
- The price is below 20 moving average
- This formation is bearish and we can expect lower prices in the future - my target is around 10 USD
- If you use Volume Profile (Fixed range), you can see a good support level around 10 USD (Point of Control)
If you want more of these ideas, please hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓
