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Inverted head and shoulders bottom pattern breakout
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Algorand
(
COINBASE:ALGOUSD
)
thecardiak
COINBASE:ALGOUSD
Algorand
Chart Patterns
2
0
chartpattern
We've bottomed out and formed an inverted head and shoulders. Showing lack of momentum to the downside and trapped shorts with a perfect volume profile as well. Target should take us to the $0.51 region to test our 200 ema as well.
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