BTC has an inverse head and shoulders pattern in the short term

2023年7月19日

* 1H

BTC seems to be drawing an inverse head and shoulders pattern in the short term.

It is important whether or not to break through the blue short-term downward trend line.

2023年7月20日

注释

Support after breakthrough, blue trend line support is the most important.

2023年7月21日

注释

TP remains the same.

2023年7月22日

注释

The inverse head and shoulders pattern invalidated by breaking the blue neckline again.

However, the bottom of the box range I mentioned, $29500, is not broken, so there is a possibility of rising, so I will keep the TP as it is.

If the $29500 is broken, we need to re-strategize.