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if we need to do a reversal it could be like this

95
reversal or temp bounce typical form is a inverse head and shoulder,

before we even can think about it we need to break the first resistence


target of a inverse head and shoulder will be 53

Note
snapshot the inverse head and shoulder endiup forming a bit later. in a difference place.
luissjp
BTCUSDTrend Analysis

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BTCUSDTrend Analysis
luissjp

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.