BTCUSDT | TFW Wave Analysis | Inverted H&S Retesting Neckline?
The current uptrend wave is potentially a leading diagonal with a valid inverted head & shoulders reversal pattern breakout - now with a DOJI candlestick this week, the price could retrace to the neckline level 25k, watchout for a false breakout then most likely to breakdown - SHORT ENTRY to the neckline level and EMA200 week -20+% downside
(A valid inverted H&S consists of a strong downtrend with at least twice length of the head & shoulders pattern and massive volume breakout)
(A valid inverted H&S consists of a strong downtrend with at least twice length of the head & shoulders pattern and massive volume breakout)