Previously I pointed out the MSTR possible topping pattern at the 4.23 and spoke at length about how this pattern tends to predict a revisit of the 1.27.
This 1.27 move is always a crash and in a pattern like this tends to come in at around a 76% drop from the high.
Now MSTR is heading into the 2.20. If this level breaks we usually have a period of capitulation to not less than the 1.61. Most of the time the 1.27 ultimately ends up hitting/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.