BTCUSD Breakout Alert: Head and Shoulders Pattern Targets $108K!
Bitcoin is showing a textbook Head and Shoulders breakout, with a potential move above the neckline (dotted line). The projected target for this bullish structure points toward $108,000, marking a significant continuation of the long-term uptrend.
Entry Idea: On retest of the neckline or consolidation above the breakout zone.
Stop-Loss: Below the right shoulder for risk management.
Take-Profit Target: 108K, in line with the projected breakout target.
Keep an eye on volume too.
Disclaimer: This is not financial advice. Conduct your own analysis and manage risk accordingly.
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Entry Idea: On retest of the neckline or consolidation above the breakout zone.
Stop-Loss: Below the right shoulder for risk management.
Take-Profit Target: 108K, in line with the projected breakout target.
Keep an eye on volume too.
Disclaimer: This is not financial advice. Conduct your own analysis and manage risk accordingly.
Follow for more.
Feragatname
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