Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the one mentioned chart that BTC is on the way to forming an INVERSE HEAD AND SHOULDER pattern but the right shoulder is still incomplete.
A candle close above the blue MA will lead BTC towards the upper trend line resistance which will be the competition of an inverse head and shoulder pattern.
Once BTC touches the upper trend line it needs to break above to rally towards the upper price levels of $21500.
Candle close below the lower green support will lead BTC to touch the lower price levels of $17500.
Let’s see how BTC performs in the upcoming hours till then stay tuned with us to get the upcoming updates.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the one mentioned chart that BTC is on the way to forming an INVERSE HEAD AND SHOULDER pattern but the right shoulder is still incomplete.
A candle close above the blue MA will lead BTC towards the upper trend line resistance which will be the competition of an inverse head and shoulder pattern.
Once BTC touches the upper trend line it needs to break above to rally towards the upper price levels of $21500.
Candle close below the lower green support will lead BTC to touch the lower price levels of $17500.
Let’s see how BTC performs in the upcoming hours till then stay tuned with us to get the upcoming updates.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
