Proton XPR - Inverse Head & Shoulders - $0.013??
Proton XPR is currently forming a bullish Inverse Head & Shoulders pattern on the higher timeframes.
If it can complete the right shoulder, the technical price target would be $0.013, which is also a key area of resistance. However it has been trending in a Falling Channel, and will also need to breakout before reaching the target.
This will of course depend on what BTC does, as it is currently ranging right under a key resistance level, while Proton is at a key support level.
If it can complete the right shoulder, the technical price target would be $0.013, which is also a key area of resistance. However it has been trending in a Falling Channel, and will also need to breakout before reaching the target.
This will of course depend on what BTC does, as it is currently ranging right under a key resistance level, while Proton is at a key support level.
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