#Bitcoin Inverse H&S Spotted
▪️
BTC
Inverted H&S potential building
▪️ Clear breakout level to watch
▪️ Attractive upside targets if triggered
▪️ No confirmation yet, so caution is still advised
While traders are buzzing about a potential inverted head and shoulders forming on the BTC charts, caution is still warranted until we get CONFIRMATION.
The breakout point to watch is $43,700 - only a decisive 4 Hour CLOSE above that level would trigger the bullish pattern targeting:
▫️ 1st Target: $47,090
▫️ 2nd Target: $49,225
CRUCIAL: Below the neckline at $43700 Bitcoin remains Bearish territory.
Disciplined traders will await a confirmed breakout before getting too bullish here!
Patience pays with chart patterns.
▪️
BTC
Inverted H&S potential building ▪️ Clear breakout level to watch
▪️ Attractive upside targets if triggered
▪️ No confirmation yet, so caution is still advised
While traders are buzzing about a potential inverted head and shoulders forming on the BTC charts, caution is still warranted until we get CONFIRMATION.
The breakout point to watch is $43,700 - only a decisive 4 Hour CLOSE above that level would trigger the bullish pattern targeting:
▫️ 1st Target: $47,090
▫️ 2nd Target: $49,225
CRUCIAL: Below the neckline at $43700 Bitcoin remains Bearish territory.
Disciplined traders will await a confirmed breakout before getting too bullish here!
Patience pays with chart patterns.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link