we have seen a head shoulder formation in the past weeks. It was a head shoulder pattern with profit levels around $10.
When we look at the graph, we saw that it broke down and went to the resistance between 20-23usd.
Now these prices are very critical for the future.
If ıt can break the price of 32usd, which is the bottom of the shoulder-head formation, and make consecutive daily closes above it, it is very likely to form a new high
If it makes consecutive closes below $20, it is very likely to drop to $10.
we must be in the right action at the right time.
thanks for reading.
