Tickeron detected bullish Crypto Pattern: Head-and-Shoulders Bottom on September 03, 2023

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09/04/23

Head-and-Shoulders Bottom

RARE.X - SuperRare cryptocurrency

Emerged: 09/03/23

Breakout: $0.0617

Price: $0.060384

Target price: $0.066

A.I.dvisor detected a bullish Head-and-Shoulders Bottom pattern for RARE.X stock. This pattern was detected on September 03, 2023 . The odds of reaching the target price are 6. The Head-and-Shoulders Bottom pattern is formed when the price of a security creates a center trough (the inverted head, labeled 3) and the left and right inverted shoulders (1, 5). After reaching the lowest low (the Head, 3) the next low is shallower and the trend reverses course to the upside. Consider buying a security or a call option at the low once the pattern is confirmed, which is known as the breakout point. The pattern is confirmed when the price breaks above the Neckline (2,4).

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RARE.X

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