untoldanalysis

BTC has an inverse head and shoulders pattern in the short term

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untoldanalysis Actualizado   
BINANCE:BTCUSDT   Bitcoin / TetherUS


* 1H

BTC seems to be drawing an inverse head and shoulders pattern in the short term.

It is important whether or not to break through the blue short-term downward trend line.

Comentarios:

Support after breakthrough, blue trend line support is the most important.
Comentarios:
TP remains the same.
Comentarios:

The inverse head and shoulders pattern invalidated by breaking the blue neckline again.

However, the bottom of the box range I mentioned, $29500, is not broken, so there is a possibility of rising, so I will keep the TP as it is.

If the $29500 is broken, we need to re-strategize.

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