BTCUSDT - Possible short term (hourly) scenarios
H&S has formed on the hourly and a break below the neckline would see a possible target around $46800
which has acted has support multiple times now during this bull market. This is also aligning with the daily 200 MA.
Entering a long there with a tight stop is a good setup. A failure to break the H&S would likely see this triangle stay in play and
see a rally to $50k potentially.
Not FA, just my thoughts. DYOR
which has acted has support multiple times now during this bull market. This is also aligning with the daily 200 MA.
Entering a long there with a tight stop is a good setup. A failure to break the H&S would likely see this triangle stay in play and
see a rally to $50k potentially.
Not FA, just my thoughts. DYOR
