Inverse head and shoulders almost complete, with the right shoulder forming right now. If it breaks through the neckline and first resistance level the target would be the 0.236 fib level. Mainnet is being launched tomorrow so it will likely drive it up past the first resistance.
Note
Mainnet postponed, explains the drop in price. Will re-evaluate at next support level
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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.