Bitcoin's Rally Toward $62,300
Updated
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 recommended broker:
bit.ly/HYCM-M
__________
👉my recommended exchange:
bit.ly/LbankMelika
__________
My telegram channel:
t.me/melikatrader94
bit.ly/HYCM-M
__________
👉my recommended exchange:
bit.ly/LbankMelika
__________
My telegram channel:
t.me/melikatrader94
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