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Head & Shoulders (Reverse=~$64K Target)
Bitcoin / TetherUS
Long
Head & Shoulders (Reverse=~$64K Target)
By TopTraderJas
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Updated
Aug 23
3
Aug 22
You may notice a H&S pattern on the 6hr or less chart.
It’s broken out, retraced, but showing slight signs of weakness, in volume, and structure.
If it plays out, this could be the beginning of the next leg up to 70K and maybe beyond.
A fall below ~
59K
-ish could confirm break of pattern and could confirm the pattern invalid.
Jas
Aug 23
Trade closed: target reached
Target has been reached hitting just about 64K.
Head and Shoulders
Trend Analysis
TopTraderJas
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