CryptoPatel

Bitcoin Head & Shoulder pattern Target will be $50000 ..?

Long
HTX:BTCUSDT   Bitcoin / Tether USD
#BTCUSDT H&S Pattern TA Update :-

$BTCUSDT currently trading at $37800

As per our last update post, $Bitcoin is perfectly following & hit our Resistance level...

Now...? Now what..?

According to Chart analysis, we can see Head & Shoulder Pattern in Bitcoin Small Time frame.

So as per chart we can see one more small retracement till $34500-$35000
If and only if this pattern worked and follow..

Only Right shoulder is incompleted.

So Right shoulder bottom will be $34500-$35000 as per my analysis.

If this work properly then My next target will be around $45000 and $50000.

Support:- $35666/$34000
Resistance:- $42135/$45586/$49624/$57996

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