Bitcoin's Rally Toward $62,300
hello guys
as I said before:
The chart shows a completed inverse head and shoulders pattern, signaling a bullish reversal.
Price broke above the yellow resistance zone, confirming the bullish breakout.
Next target is near 62,300 USDT, as shown by the horizontal resistance.
Price is currently consolidating within a reachable area (yellow zone), potentially retesting the breakout level.
Expect an upward continuation if the price holds above the support zone, with a strong chance of reaching the next target.
A failure to hold this zone could result in a retracement back to the QML (Quasimodo level).
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
as I said before:
The chart shows a completed inverse head and shoulders pattern, signaling a bullish reversal.
Price broke above the yellow resistance zone, confirming the bullish breakout.
Next target is near 62,300 USDT, as shown by the horizontal resistance.
Price is currently consolidating within a reachable area (yellow zone), potentially retesting the breakout level.
Expect an upward continuation if the price holds above the support zone, with a strong chance of reaching the next target.
A failure to hold this zone could result in a retracement back to the QML (Quasimodo level).
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Trade closed: target reached
the target of btc touched
#BTC #BTCusdt
👉 my broker:: bit.ly/HYMCMELI
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
👉 my broker:: bit.ly/HYMCMELI
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
____
telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.