ā
š¹ Bitcoin BTCUSD |
š¹ ā¢ A bearish head and shoulders pattern has formed on the 4-hour timeframe.
ā¢ A break of the neckline confirms the beginning of a bearish corrective movement.
ā¢ Expected targets, in order:
ā¢ 91,317
ā¢ 89,924
ā¢ 88,506
ā As long as the price is below 95,870, the corrective scenario is valid.
ā Following the break and holding below the neckline is necessary to confirm the pattern.
A correction is necessary to complete the upward move. Make sure to maintain positioning and enter with the corrections. ā
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