BTC just formed a potential Inverse Head & Shoulders (H&S) on the daily chart 👀.
The neckline has been tested and bulls are trying to push above 🚀.
If this breakout holds, we could see momentum toward the $116K–118K zone 🔑. But if sellers step back in, it might turn into a fakeout ⚠️.
For now, price action looks like buyers are gaining confidence again 💪.
👉 Not financial advice, just sharing my view. What’s your take — breakout or fakeout? 🤔
The neckline has been tested and bulls are trying to push above 🚀.
If this breakout holds, we could see momentum toward the $116K–118K zone 🔑. But if sellers step back in, it might turn into a fakeout ⚠️.
For now, price action looks like buyers are gaining confidence again 💪.
👉 Not financial advice, just sharing my view. What’s your take — breakout or fakeout? 🤔
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.