If you read my previous idea below, you can see there is good probability price reaches these levels. If neckline breaks it's theoretically a $5000 drop to 5.5K.
Trade active
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retested neckline on September 2, retested major support line on 26th of October.
@Anoinvest, a bounce off 20 weekly ema. 9.1k is support as well. It will go up now or it will drop to 9.1k and bounce. H&S will be invalidated and someone mentioned it's not really a head and shoulder which I suspect.
BostonG_BTC
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Right valley is not lower than left shoulder = not head and shoulders
nagihatoum
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@BostonG_BTC, I suspected this, because we should be free falling now, but instead I believe we will bounce.