BTCUSDT! Possible Inverted Head and Shoulders
Updated
BTCUSDT is currently at a crucial support level around the area of 9607. If this support breaks this could be the last piece for a Weekly Inverted Head and Shoulder pattern! The Right Shoulder forming would be the last piece!
BTC/USDT Binance
Weekly Pattern: Inverse Head and Shoulder
Day Pattern: Rising Channel
Long
1) Entry 8726 - 8900
2) Entry 8150 - 8400
Targets and percentage from 8726 entry
1) 9607 Target 10%
2) 10409 Target 19%
3) 11672 Target 34%
4) 14017 Target 60%
Stop: Base on a Weekly Candle Close. 8150
Please remember to DYOR and this is not financial or investment advice. It's my targets for the market at this moment. Please let me know what you think of my technical analysis and thank you.
BTC/USDT Binance
Weekly Pattern: Inverse Head and Shoulder
Day Pattern: Rising Channel
Long
1) Entry 8726 - 8900
2) Entry 8150 - 8400
Targets and percentage from 8726 entry
1) 9607 Target 10%
2) 10409 Target 19%
3) 11672 Target 34%
4) 14017 Target 60%
Stop: Base on a Weekly Candle Close. 8150
Please remember to DYOR and this is not financial or investment advice. It's my targets for the market at this moment. Please let me know what you think of my technical analysis and thank you.
Note
Note
Waiting for the support level to break for this pattern to break out around the 9607 area!Note
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BTC Wallet: 14fYgXeUv9YyJHgwihcRS47Mkc28N6zk9S
Note
Awesome!!!
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