Arnaudcrypto

Inverse Head & Shoulders on BTC !!

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
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2
BTC is currently under resistance at $6460 and we can observe an inverse Head & Shoulders configuration on H1 time horizon.

If the resistance breaks, we can open a buying position to target the 38.2% retracement of Fibonacci to $6520 initially and the level of $6600 thereafter !

Strategy summary
Buy: Under $6475 if resistance breakage (breakage confirmed by a candlestick 10 min above)
T1 : $6520
T2 : $6580
Stop: $6420

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