As we can see BTCUSDT on 4h timeframe has formed head and shoulders pattern with an impulsive break of its neckline.
A retest of the neckline and the structure level shown can be expected before a second leg down.
The target has been indicated via the arrow and dotted line.
A retest of the neckline and the structure level shown can be expected before a second leg down.
The target has been indicated via the arrow and dotted line.