I used Haejin's previous prediction and tried to understand why that price drop could happen. And I saw a repetitive pattern with head and shoulders. And every price drop goes almost the same straight edge with the same corner. Here is a bigger picture of the correction.
Interesting... could you please explain this analysis further?
I used Haejin's previous prediction and tried to understand why that price drop could happen. And I saw a repetitive pattern with head and shoulders. And every price drop goes almost the same straight edge with the same corner. Here is a bigger picture of the correction.![Bitshares2.PNG](https://steemitimages.com/640x0/https://steemitimages.com/DQmQkRrCku8Y31E8qvCqxnbck53x9vuYw5EES4akxuYYdsf/Bitshares2.PNG)
Cool, but where does that take us you think?
Just a longer correction and then to the moon I guess :)
@haejin what do you think?
Uhmmm...I don't know. LOL!
Hopefully not, but thank you for providing a bearish take on the situation.