CryptoPatel

Bitcoin Exclusive Inverse H&S Pattern Technical Analysis

Long
BINANCE:BTCUSD   Bitcoin / U.S. Dollar
#Bitcoin Technical Analysis:-

$BTC currently trading at $20300

$Bitcoin Forming Inverse Head & Shoulder Pattern in Lower Time Frame.

As Per Chart Inverse H&S Pattern Neck Line Resistance Is $21000
So If Any 4 Hours Candle close above $21400 then Target would be $25800-$27400

Chart Only Invalidate below $19000 support.
So If Break $19000 then We can see More Downside move and May Test New Low but Only if Break $19000 support.

Upper side Resistance which will be Targets:- $25800/$27400/$31500

Support:- $19900/$19000/$17600

If #Bitcoin Hold $19000 Level that’s mean Bottom We have Seen.
Trade active:

#Bitcoin Inverse H&S Pattern Breakout:-

Inverse H&S Pattern Breakout $21k = ✅
So Now #BTC Target is $25800/$27400/$31500
Hope you are happy because of My #BTCUSDT Long Positon in 20% Profit.

New SL:- $19700 ( If 4H candle Close Below)

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