$COW
🚨 HEAD AND SHOULDER pattern forming on the COW/USDT chart! 🚨
We are observing a possible Head and Shoulders (HOS) pattern forming on this currency's chart. This pattern is known to signal a trend reversal and may indicate a drop in prices if the neckline is broken.
🔍 What am I analyzing?
• Left shoulder ✅
• Head (larger top) ✅
• Right shoulder (in formation) ⚠️
💡 Pay attention:
If the price breaks the neckline with significant volume, the pattern may be confirmed, projecting a drop. Otherwise, it may be invalidated, signaling continued growth.
⚠️ Warning: Always remember to use stops and manage your risks! Graphical analysis is not a guarantee of success, but a tool for decision making.