CryptoPatel

Bitcoin Inverted Head & Shoulder Pattern

COINBASE:BTCUSD   Bitcoin
#Bitcoin Inverse H&S Spotted

▪️ BTC Inverted H&S potential building
▪️ Clear breakout level to watch
▪️ Attractive upside targets if triggered
▪️ No confirmation yet, so caution is still advised

While traders are buzzing about a potential inverted head and shoulders forming on the BTC charts, caution is still warranted until we get CONFIRMATION.
The breakout point to watch is $43,700 - only a decisive 4 Hour CLOSE above that level would trigger the bullish pattern targeting:
▫️ 1st Target: $47,090
▫️ 2nd Target: $49,225


CRUCIAL: Below the neckline at $43700 Bitcoin remains Bearish territory.

Disciplined traders will await a confirmed breakout before getting too bullish here!
Patience pays with chart patterns.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.