This is that I see. The price could not break the shown red line. So, The most probable scenario is that the chart is forming a reversal head and shoulders pattern.
I) The price will retrace to 3650-3750 USDT (Binance)
II) The price will bounce from the green zone.
III ) The price will break the red line and the head and shoulders pattern will be confirmed.
IV) The target of H&S will be around 5000 USDT.
I) The price will retrace to 3650-3750 USDT (Binance)
II) The price will bounce from the green zone.
III ) The price will break the red line and the head and shoulders pattern will be confirmed.
IV) The target of H&S will be around 5000 USDT.
Comment:
I) The price touched green zone
Comment:
II) The price bounced from reen zone.
Comment:
III) The price broke the neckline and H&S pattern has been confirmed.