Much like the algo chart, tezos has formed an inverse head in shoulders inside a slightly bigger inverse head and shoulders and now has 2 necklines which means 2 breakout targets. Still developing for now but it appears the it is confirming the first pink neckline as support here. *not financial advice*
Comment:
Pink neckline is still testing as support but the breakout has somehow still yet to be validated.
Comment:
The pattern was a fakeout and has been nullified.