BTC/USDT - H1 - Head & Shoulder Pattern

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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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Trade ist aktiv
Take entry now
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Now running in Profit
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Snapshot
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In Good Profit
Trade geschlossen: Ziel wurde erreicht
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with Good Profit
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BTC now reached our 2nd Resistance Zone
beyondtechnicalanalysisChart Patternsfundamental-analysishead_and_shoulderTechnical IndicatorsTrend Analysis

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