Possible Inverted Head and Shoulders Forming on Bitcoin!
BTC is showing a possible IHS setup.
We got rejected down at the major trendline resistance drawn from the ATH.
The right shoulder is currently forming still we would need a breakout after the forming the right shoulder with high volume to support the start of BTC Bull RUN.
Till then BTC is still in bearish trend
A failure of breakout could lead to bearish scenario at 4-5k.
We got rejected down at the major trendline resistance drawn from the ATH.
The right shoulder is currently forming still we would need a breakout after the forming the right shoulder with high volume to support the start of BTC Bull RUN.
Till then BTC is still in bearish trend
A failure of breakout could lead to bearish scenario at 4-5k.
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