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RossJohnson

Head and Shoulders Formation. BEARISH signal

Short
Dogecoin / TetherUS (BINANCE:DOGEUSDT)  
RossJohnson  
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators headandshouldersformation doge Bearish Patterns
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trendanalysis chartpattern indicator headandshouldersformation doge bearish
A head and shoulders formation is nearly finished forming (it's finishing up the right peak: shoulder).

Once formed you can expect a drop of 1x the distance measured from the baseline (neck) to the head.
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