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wikitrades
Jan 11, 2023 3:48 PM

BTC - Head & Shoulders (Bearish) Short

BTCUSDT Perpetual ContractBybit

Description

We observe H&S Pattern in 4H timeframe.

  • We expect price to rebound from 16900 mark and head towards 20,500 Mark .

  • We observing double bottom pattern intensely forming in 1D timeframe ,so we expect fast bullish rally after the rebound to 18,500 mark with slight retraction and further bullish momentum to break upper resistance.
Comments
SwallowPremium
We’ve been waiting for that scenario to happen for quite some time now.
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