BTCUSDT - Possible scenarios
H&S has formed and a break below the neckline would see a possible target around $46800 which has acted has support multiple times now. This is also aligning with the daily 200 MA.
Entering a long there with a tight stop is a good idea IMO.
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
Entering a long there with a tight stop is a good idea IMO.
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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