we moved down to the bottom of the wedge as i called at the top, now my question is will we go lower? indicators have barely budged despite the price decrease, time will tell.
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i could see a head and shoulders possibly printing here too, if the price forms a right shoulder, if not its just a wedge breakdown.
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now would be the time we'd see a reversal, but the indicators havent budged and buying is extremely weak. i expect a breakdown very soon.
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if 19k fails as support 15k will come very fast.
