๐Ÿ”ฅ Bitcoin Inverse Head & Shoulders Pattern: Bulls Taking Power

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In yesterday's analysis I argued that Bitcoin's bull-trend is far from over. The short-term trend is still in favor of the bulls, but only as long as the bottom support held.

๐Ÿ”ฅ Bitcoin Liquidation: No Worries Here!


As of yesterday, BTC has successfully bounced from the bottom support and is currently underway of forming an inverse head & shoulders pattern. The pattern has not yet been confirmed, so please wait for a move above 42,150$ to confirm the break out.

In case of a break out, I'm looking at the most recent local top as my primary target: 44,500$.
๋…ธํŠธ
Signal cancelled. Pattern invalidated. No entry has been made.
Bitcoin (Cryptocurrency)BTCChart PatternscryptoETHhead_and_shoulderheadandshouldersformationTechnical IndicatorspatternsignalTrend Analysis

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