Prop has technically already completed a right shoulder and currently has a decent sized green candle above the neckline. That shoulder is extremely small and disproportional to the rest of the inverse head and shoulder pattern, but I’ve seen even uglier looking versions of this pattern get validated so it is quite possible we could see it validate on the current...
I posted my previous Propy chart on here before realizing I had the chart mode set to logarithmic. Log charts also do usually reach their targets as well but sometimes it can take multiple bull runs to hit the really high targets on a logarithmic chart. So I thought it would be wise to switch the chart to linear and show what the linear breakout target would be...
In the last 24h i saw a significant increase in Propy`s volume, 280%.
It`s a real estate token listed on Coinbase.
I expect a retracement from the overbought area area and then, in the best case scenario, a pump to 4.80.
Looking forward to read your opinion about it.
