Hello traders!
Welcome back to another episode with analyst Aadil1000x.
Today BTC has formed one of the most common pattern which is the Inverse Head and shoulder pattern But the way we trade is not common.
As I always tell you moving toward the breakout is never a great idea whether it's H&S pattern or support and resistance or trendline. But doing about will be in your favor.
There was a strong NEWS and most probably after a breakout BTC will fall down. There is also a doubt in the pattern at the bottom as it is not perfect so BTC needs to form a nice bullish pattern before moving up.
This post is not trading advise, it's an overview of the next move.
Welcome back to another episode with analyst Aadil1000x.
Today BTC has formed one of the most common pattern which is the Inverse Head and shoulder pattern But the way we trade is not common.
As I always tell you moving toward the breakout is never a great idea whether it's H&S pattern or support and resistance or trendline. But doing about will be in your favor.
There was a strong NEWS and most probably after a breakout BTC will fall down. There is also a doubt in the pattern at the bottom as it is not perfect so BTC needs to form a nice bullish pattern before moving up.
This post is not trading advise, it's an overview of the next move.