BTCUSDT Short Term Bullish Scenario

Updated
Inverse HS pattern targets 51k+

Safe trade strategy:
  • Wait for the neckline breakout
  • Buy on re-test
  • Stop below neckline

Trade closed: target reached
I stopped after buying the first breakout. Then we had even better RS and rebought the second breakout. Voila, 51k+ target reached. BTC has more space to move after breaking 51-52k area. Closing this trade now and watching the bigger IHS pattern on 4h chart.
Chart PatternsTrend Analysis

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