BTC has an inverse head and shoulders pattern in the short term
* 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.
Comment:
TP remains the same.
Comment:
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.
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.
Support after breakthrough, blue trend line support is the most important.