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
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