BTC: Potential short term upside - Reverse Head and Shoulder
Chart = BTC/USDT; 1 HOUR; COINBASE
ANALYSIS = Reverse Head and Shoulders pattern suggests upside, it's not the cleanest pattern but has the three main points.
TARGET = Target would be approximately 37.7k
TIMEFRAME = Would be very soon, approximately 24 hours for a strong push up, it could flatten out before making it's move but if longer than 48 hours the pattern is probably invalid.
Let me know what you guys think, like if you agree and comment to share your thoughts.
Many Thanks,
Casey
*DISCLAIMER: NOT PROFESSIONAL ADVICE.
ANALYSIS = Reverse Head and Shoulders pattern suggests upside, it's not the cleanest pattern but has the three main points.
TARGET = Target would be approximately 37.7k
TIMEFRAME = Would be very soon, approximately 24 hours for a strong push up, it could flatten out before making it's move but if longer than 48 hours the pattern is probably invalid.
Let me know what you guys think, like if you agree and comment to share your thoughts.
Many Thanks,
Casey
*DISCLAIMER: NOT PROFESSIONAL ADVICE.
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