After the pumping and dumping, the position is such that there is a possibility of falling to the previous point.
A pattern on the head and shoulders is also forming, and if it is completed, there is a possibility of redness. If it crosses the resistance line, we will either have to wait for the return pattern or find a reason to confirm the continuation of the upward trend.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.