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

19 Tem 2023

* 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.

20 Tem 2023

Not

Support after breakthrough, blue trend line support is the most important.

21 Tem 2023

Not

TP remains the same.

22 Tem 2023

Not

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.