W pattern on hourly BTC USDT

By DeFeye
If we can break the neckline around 49k
Our targets are 50k 52k and 53k.
That would lead us to proceed the H&S pattern on the Daily and Weekly chart and would mean that we are on our way to 40k-37k.
If we break 53k on the other hand, our targets are 57k and 61k.
Chart Patterns
DeFeye

Disclaimer