BTC/USDT - H1 - Head & Shoulder Pattern
Updated
The BTC/USDT pair on the H1 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined H&S pattern. This suggests a shift in momentum towards the upside in the coming Hours.
Key Points:
Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 99204
2nd Support – 101.051
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Thank you.
Key Points:
Buy Entry: Consider entering a Long position around close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 99204
2nd Support – 101.051
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
Trade active
Take entry nowNote
Now running in ProfitNote
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