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will red support line hold ?

180
The other black support line couldnt hold the price but now we will have the Red support line , this line alaso hold the price from further drop around $56,000 ... also if it hold ( I am optimistic it will ) and we see up in price and can break the resistance line ( the upper green line) then we should have THE CONTINUATION HEAD AND SHOULDERS PATTERN -Target around $85,000 ( IMHO)
masonsafari
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Chart PatternsTrend Analysis

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Chart PatternsTrend Analysis
masonsafari
Also on:

Disclaimer

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.