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Cui_Bono
Jun 19, 2021 4:46 PM

DOGE forming head and shoulder pattern. 

Dogecoin / TetherUSBinance

Description

Doge is forming a Head and Shoulder pattern. Beware of the breakdown in the neckline. According to the theory, if it will break the neckline, it may go down 60% from here.

Comment

Market went 40% down after this analysis. It is still looking weak and it many continue downwards momentum.
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