Bitcoin / TetherUS
Short
Updated

BTCUSDT 4h

When we look at the Bitcoin chart, we see a 4-hour inverse head and shoulders pattern forming. Below, we see that its target is at the 46000 level, just below the Indecision Candle I've identified, which is also an Order Block zone. Similarly, the target for PO3 appears on the USDT Dominance chart, where another head and shoulders pattern is forming. If both of these patterns materialize, there is a possibility for Bitcoin to reach the 46K range. The Fed's explanation may appear to be stable, but that doesn't mean all issues have been resolved.This is my thoughts.
Note
Sym triangle occured on USDT.d
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Btc must go higher than head lvl(75k) for invalidation rh&s
Note
Seems like still rh&s in charge
Order cancelled

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