BTCUSDT 4HBTC Update – Inverse Head & Shoulders in focus
On the 4H chart, a clear Inverse Head & Shoulders pattern has formed.
The neckline has already been tested and broken to the upside – a classic bullish signal.
📊 Key Levels:
Support zone: $111,193 – $110,500 (right shoulder area)
First realistic target: 200 EMA at $112,744
Next level: Break above $113,500 → potential to close the CME Gap at $116,887
Target zone based on iH&S: around $117,000 → Premium target in the yellow box: $117,841 – $119,900
⚠️ Risk:
If BTC falls below the right shoulder (~$109,200), the pattern becomes invalid, increasing the likelihood of another dip towards 107k – 105k.
✅ My View:
As long as BTC holds above 110–111k, the setup remains strongly bullish. A retest of the neckline would even be healthy before the next push upward."
