BTCUSD: Inverse H&S on 1H
BTCUSD broke out of its decending channel and retested successfully. At the same time, it looks like BTCUSD is finishing an inverse head and shoulder pattern and the retest formed the right shoulder. If validated it could mean around 25% gains from neckline. However, immediate resistance between 41.8-42.5k ahead.
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Comments are welcome.
Please like & follow for more TA.
DISCLAIMER:
This is neither a trading nor a financial advice.
You are responsible for your own actions so do your own research.
Disclaimer
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